Making Startups Powerful

Post by Animats » Mon, Sep 14, 2026, 8:38 PM UTC

Animats wrote: post #146

shimman wrote: post #91

Earlier quoted context omitted.

Oracle has a BBB- credit rating (one step above junk bonds), so maybe yeah.

Did not know they'd slipped that far.

Incoming Oracle news: "Oracle’s Cold 6 AM Layoff Emails Hit Staff Amid New Wave of Cuts: ‘Today Is Your Last Working Day’ The company has not disclosed how many workers were affected by the latest cuts, which follow a reported 21,000-employee decline during fiscal 2026."[1]

Uh oh. How long until the ORACLE sign comes off the big cylindrical building in San Mateo? Will Ellison have to sell his private island?[2]

[1] https://www.techtimes.co.uk/oracle-new-layoffs-restructuring...

[2] https://en.wikipedia.org/wiki/L%C4%81na%CA%BBi

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Re: Making Startups Powerful