Shed roles? They fired people, not "shed roles".
Oracle shed about 20k roles globally in the last year
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Re: Oracle shed about 20k roles globally in the last year
#42What's even weirder is the Founder of canonical has a #hiring badge on their LinkedIn profile. What kind of message is that?
Fire and re-hire from a desperate pool of anxious workers who will accept any offer to escape unemployment.
Well, not "any". -15% seems to be the magic number looking at my network and has been like that for 2 years now.
They're going to flip us all like burger patties eventually - we're done on this side.
Re: Oracle shed about 20k roles globally in the last year
#43where its sits with the AI bubble I think Oracle is the 1 of the major companies apart from the OpenAI that would go belly up once the AI bubble crashes.
I think you underestimate just how entrenched Oracle’s database offering is in the enterprise.
That is the one bit of Oracle that can't really be further subdivided. The rest of Oracle could be diced and sliced.
Re: Oracle shed about 20k roles globally in the last year
#44What’s crazy is how Oracle’s free cash flows have gone from “money-printing machine” to deep in the red due to their data center investments. My guess is that some of those cuts are to try to balance that?
Re: Oracle shed about 20k roles globally in the last year
#45Shed roles? They fired people, not "shed roles".
If they're not hiring to fill the roll after firing it's kind of both.
Re: Oracle shed about 20k roles globally in the last year
#46Now is precisely not the time to cut jobs, but to invest in people's usage of AI. You have domain expertise, and you are going to burn tokens trying to replace people's jobs, but the AI revolution is not at all about people replacement, its about a change of paradigm. Watch them closely rehire thousands of new employees (who won't have the domain expertise) once they see that you actually need people to operate their…
I easily do more than x 5 the workload I did in 2020. Replacing an employee with domain knowledge (only thing valuable now), with someone with zero domain knowledge is corporate suicide in 2026.
However, if you are oracle sending out consultants with zero domain knowledge around to help.... I would rather just use claude.
Re: Oracle shed about 20k roles globally in the last year
#47where its sits with the AI bubble I think Oracle is the 1 of the major companies apart from the OpenAI that would go belly up once the AI bubble crashes.
Which AI bubble? The stock bubble one or the imagined "one day all the LLMs are going to disappear from the face of the Earth" one?
Dot-com bubble crashing didn’t mean the web disappeared.
Re: Oracle shed about 20k roles globally in the last year
#48What's stopping anyone else from using AI and eat into Oracle's market? Maybe know how specific for the market but at least 20K people with know how on this business are available at this moment.
I'm inclined to believe that its no longer the case of employees being replaced by AI but simply those businesses being replaced by AI and the current businesses who were able to benefit from AI are reaping the momentum they have but eventually this will end.
Re: Oracle shed about 20k roles globally in the last year
#49What's stopping anyone else from using AI and eat into Oracle's market? Maybe know how specific for the market but at least 20K people with know how on this business are available at this moment. I'm inclined to believe that its no longer the case of employees being replaced by AI but simply those businesses being replaced by AI and the current businesses who were able to benefit from AI are reaping the momentum they…
A bit premature I think. Right now it is employees making room for AI investments