"Any unvested restricted stock units, however, were forfeited immediately." wow.
That's what the word "vested" means.
Oracle slashes 30k jobs
161–170 of 890 posts
Re: Oracle slashes 30k jobs
#162Unless you're being offered a very good package, any firing email is cold. Let's be honest
Even if you're being offered a very good package, being fired, regardless of how, is cold.
Depends on the circumstances. There are people who are ready to go any the time of a layoff if the terms are right.
Re: Oracle slashes 30k jobs
#163Earlier 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…
It's a job. Not a tribe.
The role an employer plays in societies varies from culture to culture, but note that in many cultures, it is "just a job".
Re: Oracle slashes 30k jobs
#164Earlier quoted context omitted.
I had to let an employee go because he didn't do any work, took forever to respond to chats (in a remote position), and was always late for meetings. I scheduled the 4pm Friday meeting to let him go. He was 15 minutes late.
Sounds like me on site, ADHD is a bitch, people probably think I don’t anything too.
I've found that there can be a chasm between "what people think I do" and "what I actually do." But also, there can be a chasm between "what I think I do" and "what I actually do."
If the system in which you operate does not attempt to measure this, I think it's worth it for anyone to measure it themselves. We can so easily be overconfident or underconfident. Collect the data and see the kinds of things you've actually been accomplishing over a year.
I'll feel like I'm getting nothing done, and then I look at the year's changelogs and realize I'm actually doing just fine for where I want to be.
Re: Oracle slashes 30k jobs
#165Don’t work for evil companies.
So exactly what for profit company is on the side of the angels?
Why stick with for-profit companies? But on measure I'd say System76, n8n, Nextcloud, GridX, Odoo, Tuxedo, GitLab, Uplight, Aurora Solar, Bandcamp (maybe), Bitwarden, Canonical (maybe), Scribd, Arcadia, Wikihow. Basically any time you find yourself enjoying a product you're using, see who made it and if they're hiring.
Sure it's an uphill battle. This is late-stage capitalism after all and unless you're comfortable with a role that extracts from people who weren't planning in being extracted from you're not going to make a ton of money. That's what it takes to be on the side of the angels though.
Re: Oracle slashes 30k jobs
#166Re: Oracle slashes 30k jobs
#167The bulk of the comments in here are focused on comparing Larry Ellison to a lawn mower, so I'll try a new tack and say that I'm genuinely confused at what the value prop of Oracle is. Given the history of their business model being licensing of important databases that are hard to switch off of, I've actually made a point to avoid using Oracle as much as possible (even so far as to leave MySQL when they acquired it,…
Well, if you're an elected official, and you're in charge of government organizations that could be used to enrich billionaire donors by using a donor's services - Oracle fits that niche very well!
Re: Oracle slashes 30k jobs
#168More 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…
> 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. This is sure to be good for workers
You jest, but that's pretty much South Korea if this video (and my interpretation of it) is to be believed: https://youtu.be/pjjhrwVYPE8
For those not interested in watching 30 mins of this, long story short, it doesn't bode well. They do have some other circumstances going on in addition though.
Re: Oracle slashes 30k jobs
#169So Ellison's big investors wouldn't back his ridiculous (-Disney) Warner Bros bid without him juicing the performance of Oracle in this way? (thanks for the reply correcting the company)
Disney is also a target? Or are you confusing Warner Bros Discovery with Disney?
Re: Oracle slashes 30k jobs
#170The bulk of the comments in here are focused on comparing Larry Ellison to a lawn mower, so I'll try a new tack and say that I'm genuinely confused at what the value prop of Oracle is. Given the history of their business model being licensing of important databases that are hard to switch off of, I've actually made a point to avoid using Oracle as much as possible (even so far as to leave MySQL when they acquired it,…
Oracle has made a large bet on being a cloud, but nobody wants their terrible cloud, which is reflected in their dollar-store prices. They staffed up and built facilities that they can't sell so I am not surprised they are now swinging the axe.