Out of 141000, about 15%
still a large percentage.
Oracle shed about 20k roles globally in the last year
11–20 of 135 posts
Re: Oracle shed about 20k roles globally in the last year
#12[deleted]
Re: Oracle shed about 20k roles globally in the last year
#13where 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.
Re: Oracle shed about 20k roles globally in the last year
#14where 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.
Oracle has a huge, entrenched enterprise business that will keep them alive almost indefinitely, just as Microsoft does.
Re: Oracle shed about 20k roles globally in the last year
#1514 hours ago 6 comments
Re: Oracle shed about 20k roles globally in the last year
#16What's even weirder is the Founder of canonical has a #hiring badge on their LinkedIn profile. What kind of message is that?
Re: Oracle shed about 20k roles globally in the last year
#17For those curious, this is a report about firings from the last year. Not a new round of layoffs:
> Oracle shed about 21,000 roles globally in the last year as the US technology giant reshapes its business around artificial intelligence (AI), the firm's latest annual report shows.
Re: Oracle shed about 20k roles globally in the last year
#18Tech CEOs suddenly love blaming AI for mass job cuts
IMO it’s not sudden, the AI excuses have been gradual and ramping up for a couple years now.
Maybe because the models keep getting better and the tools are slowly getting good enough to replace people? Keep in mind we’re talking about oracle here, it’s not like we’re talking about humanity’s best and brightest.
Re: Oracle shed about 20k roles globally in the last year
#19where 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 perhaps they'll crash more than others because they aren't AI enough. It's more of an AI financing bubble than an AI bubble.
Re: Oracle shed about 20k roles globally in the last year
#20where 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?