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Oracle slashes 30k jobs

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Re: Oracle slashes 30k jobs

#141

Post by zulux »

renewiltord wrote: post #55
dafelst wrote: post #2

More victims of AI. Not actually of "AI is replacing jobs", more "oh shit we are spending too much and the product isn't good enough for us to ever make a return on our absurd over-investment".

One of the ideal things that companies can do is not hire people. A company that never hires someone will never let anyone go and consequently is the only ethical company. The worst thing that a company could do is pay someone to do a job for a while. In fact, one thing we could do is make sure that all jobs should be perpetual. If someone hires you, they can't stop paying you until they die or declare bankruptcy. Th…

My only problem with this is: Some of my best people are those that "I gave them a chance." I'd only hire perfect people from my tribe if I had to have them forever.

Re: Oracle slashes 30k jobs

#144

Post by ZenoArrow »

baal80spam wrote: post #16

Let's not forget that ORACLE is actually an acronym.

Is it? Based on what I've seen online the company name was derived from a CIA project from the 1970s that the founders worked on, but it doesn't seem to be based on an acronym. There was an earlier unrelated project from the 1950s which used ORACLE as an acronym ("Oak Ridge Automatic Computer and Logical Engine").

If this is a joke, I clearly don't get it!

Re: Oracle slashes 30k jobs

#145

Post by throwaway85825 »

antonymoose wrote: post #68
mirekrusin wrote: post #42

Earlier quoted context omitted.

37signals, vanguard, costco, proton, fastmail, mullvad vpn, framework, automattic, valve, patagonia, lego, linear, hetzner, tarsnap, ...

Valve has been making money hand over fist by getting kids addicted to gambling…

The snowball of government intervention has started rolling on them.

Re: Oracle slashes 30k jobs

#147

Post by zdragnar »

odyssey7 wrote: post #126
stackskipton wrote: post #107

Earlier quoted context omitted.

Write code to connect this system with that system. Teach people what setting does what. Integrate with Entra ID. Create custom reports that hordes of Executive on our side want. Scale out the system from undersized nodes we originally gave it. That's all I picked up by just listening to them. I wasn't involved in the project, just sat nearby listening to it. This is extremely customizable software that is designed t…

The need to teach people what setting does what is a sort of consulting moat that AI dismantles when it can access the right context.

They don't make any of the documentation for those settings easy to find or understand because the support contracts make them so much money.

Re: Oracle slashes 30k jobs

#148

Post by [deleted] »

js8 wrote: post #130
shepherdjerred wrote: post #75

Earlier quoted context omitted.

It’s not unethical to lay someone off

Actually, it is. You have been blinded by capitalism to consider it ethical. The tribes usually treat the members as a family. While kicking someone from a tribe can happen, it's considered to be a harsh punishment. In a tribe, when hard times come, people usually redistribute. That's a normal, human way of dealing with that situation. Not a layoff. The other aspect is the economic crises. When a central bank decides…

[deleted]

Re: Oracle slashes 30k jobs

#149

Post by chasd00 »

CoolGuySteve wrote: post #58
stackskipton wrote: post #50

Earlier quoted context omitted.

Oracle sells alot of software that is accompanied by hordes of consultants to set it up. Last F50 I was at did a PeopleSoft migration. We probably had 400 Oracle employees pass through the doors over 2 years helping to get it off the ground. Most Enterprises don't just buy software and that's it. They buy software + support to implement it for their business.

Sure but what did those guys do all day? 400 people is a lot of people

The training team and what's called 'Change Management' for an F50 company that's spread across the globe implementing a new application like an ERP could be 100 people by itself. It's extremely complex and hard to do those kinds of projects which is why many ERP migrations take a decade to complete if not fail entirely.

Re: Oracle slashes 30k jobs

#150

Post by NitpickLawyer »

nimbius wrote: post #131
dafelst wrote: post #2

More victims of AI. Not actually of "AI is replacing jobs", more "oh shit we are spending too much and the product isn't good enough for us to ever make a return on our absurd over-investment".

Blame it on whatever you like. oracle has been a rudderless leech for nearly 30 years now. - overpricing the database led to a predictable exodus and new players with often times better performance. - acquisition of MySQL led to a predictable exodus and new players like maria with often times better performance. - Oracle cloud arrived late to spectacular skepticism and low user turnout from customers who had been bur…

> a rudderless leech for nearly 30 years now.

Yeah, from small interactions over the past two decades, I have no idea how they could have been so bad while employing so many people. What on earth were those 30k people doing?! Their solutions were crap for ages.

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