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Oracle slashes 30k jobs

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Re: Oracle slashes 30k jobs

#203

Do not make the mistake of anthropomorphising Larry Ellison.

I do take a perverse kind of pride that this can now be said without any explicit reference -- and everyone knows you're talking about the lawnmower.

Outside of 90s television, this might be the most universal reference I have in my life.

Re: Oracle slashes 30k jobs

#204

The 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,…

This feels correct. Their business model is squeezing anyone who can't migrate off their properties and suing the rest. Why would go $58B in debt to support a new feature that no one will want after alienating everyone above?

> Why would go $58B in debt to support a new feature that no one will want after alienating everyone above?

Short term shareholder equity gains during an over exuberant hype cycle you do not know when might repeat.

"As long as the music is playing, you've got to get up and dance." -- Citigroup CEO Chuck Prince (symbolizing Wall Street's reckless persistence in risky lending despite signs of a market downturn)

The Overvaluation Trap - https://hbr.org/2015/12/the-overvaluation-trap - December 2015

> The trap is an almost inevitable consequence of what many managers might regard as a blessing, because it occurs when the capital markets overvalue a company’s equity—and especially when stock overvaluation is common in a particular sector. In the following pages, we’ll describe the trap, show how it has played out in various industries, and suggest where it may be playing out once again.

"If you're playing a poker game and you look around the table and and can't tell who the sucker is, it's you." -- Paul Newman

Edit: tsunamifury wrote a prescient comment a decade ago, referencing the same hrb piece: https://news.ycombinator.com/item?id=10851527

Re: Oracle slashes 30k jobs

#205

Earlier quoted context omitted.

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 w…

GitLab is for profit, isn't it?

Re: Oracle slashes 30k jobs

#207

The 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,…

>Enlighten me on what I would use Oracle for

You would use it to keep your job when your company goes with it against all technical recommendation due to the push of a higher up that wouldn't let the idea go for stupid or suspicious reasons.

Re: Oracle slashes 30k jobs

#208

The 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,…

This feels correct. Their business model is squeezing anyone who can't migrate off their properties and suing the rest. Why would go $58B in debt to support a new feature that no one will want after alienating everyone above?

They have not pulled the pin on the ZFS grenade yet, but I expect at some point it happens.

Re: Oracle slashes 30k jobs

#209

The 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,…

Clearly you are in USA. It’s not how their business works and Startups are not their target. Lobbying governments across the world with questionable practices are

Re: Oracle slashes 30k jobs

#210

The 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 and Java are deeply embedded in US gov work. How deep? Let's just say a large number of classified developer jobs hire for Java. Ellison has been a huge proponent of a surveillance state, and that likely ingratiates him with certain three letter agencies. The only developers I know who write Java full time work in systems that take pictures of things from far away.

Java is not uncommon. Off the top of my head, a certain rainforest company and a lot of banks and EMR providers use it.
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