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Oracle slashes 30k jobs

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Re: Oracle slashes 30k jobs

#101

Earlier quoted context omitted.

I tried to do this out of undergrad (graduated last year). Many companies do both good and bad things to me, some more good than bad. The "best of the best" companies to me require many years of experience and are still competitive. I didn't really want an entry level job at an "evil" company, so I'm going to go do a PhD (in something unrelated to my original interest in operating systems, as I don't want to be a 30k…

Yes. I work at boring companies that are not evil instead. Never went to my local magnate (Comcast), left a company when they off/onshored entire teams to HCL slaves, etc. No i won't make 350K as a dev. Yes i will have a paltry middle class existence while we still have a profession called IT.

I used to work on software for non-profits. I found it fulfilling but it was hard to do the work since I found fullstack technically uninteresting (this is my own shortcoming).

Finding a balance in that is difficult. I have seen that it might be easier to find a societally good job the less technically deep the job gets. Networking research seems to be both technically interesting and connected to societal impact (eg. because of the ties to censorship, security, net neutrality etc)

It seems hard to continue doing this sort of research after your PhD though, as in both your school name matters immensely (i.e. you're screwed if you didn't go to Berkeley, CMU, Stanford, or MIT) and so does your publishing success to land a research job, which seems like an enormous task.

Re: Oracle slashes 30k jobs

#102

Earlier quoted context omitted.

I don't think its that easy. Look at their employee numbers over the years: (ai generated): Oracle Corporation Employee Count (2010 - 2025) Legend: Each '' represents approximately 4,000 employees. Year | Employees ------------------------------------------------------------------ 2010 | (105,000) 2011 | (108,000) 2012 | (115,000) 2013 | (120,000) 2014 | (122,000) 2015 | (132,000) 2016 | (136,000) 2017 | (138,000) 20…

If I do my python right, from 2010-2020 they grew by 2.5% annually, from 2020 to 2025, they grew headcount by 3.7% annually. After the layoffs, they'll apparently now have grown by 1.0% annually since 2020. So yes, from 2021 to 2023, they had a huge spike, but overall, it's a net slowdown in growth relative to the 2010-2020 period. If this was about reversion to the old pattern they'd have done a smaller set of layof…

You did the Python right but the analysis wrong. Looking at it on a graph you can see that interpreting a single growth rate for the entire period (even if you stop pre-covid) doesn’t make sense.

You can see linear growth from 2010-2017. Then slow decline or at best a flatline from 2018-2021. Then they went crazy in 2022-2025.

Now if we just do 162k - 30k we are back to 132k, basically same ballpark as pre-COVID.

Re: Oracle slashes 30k jobs

#103

Earlier quoted context omitted.

List successful companies you would not define as evil.

37signals, vanguard, costco, proton, fastmail, mullvad vpn, framework, automattic, valve, patagonia, lego, linear, hetzner, tarsnap, ...

There are those who attribute evil to Lego, and they may have a case (historically or now).

Automattic has apparently gone insane, but that's not the same as evil.

Valve might be the closest to a HN-agree on "good company" - and even that has a comment below mine attributing gambling to them.

Re: Oracle slashes 30k jobs

#104
post #93

Earlier quoted context omitted.

I think its very impolite to not do it face-to-face.

What time is a good time for everyone to show up for a face-to-face layoff meeting for a global company? If you don't do it simultaneously, you're going to hear by rumor rather than by official email, which is IMHO worse. If you do it simultaneously, everyone will know something is up, because there's never simultaneous global meetings.

the practicalities of the issue don't stop it from being impolite.

Re: Oracle slashes 30k jobs

#106

Earlier quoted context omitted.

Even at 100k employees I’m still dumbfounded by that number. What do all these people do all day?

1. They maintain and sell one of the largest relational databases. 2. They're the primary maintainer of one of the largest programming languages. 3. They do tons of HR/ERP type software. 4. They have a supply chain division (my company is a direct competitor, and we have 2000 employees--it's a drop in the bucket, but a few thousand here, a few thousand there and it starts to add up. Afaik, their supply chain org is b…

6. Lawyers

Re: Oracle slashes 30k jobs

#107

Earlier quoted context omitted.

Oracle sells alot of software that is accompanied by hordes of consultants to set it up. Last F50 I was at did a PeopleSoft migration. We probably had 400 Oracle employees pass through the doors over 2 years helping to get it off the ground. Most Enterprises don't just buy software and that's it. They buy software + support to implement it for their business.

Sure but what did those guys do all day? 400 people is a lot of people

Write code to connect this system with that system. Teach people what setting does what. Integrate with Entra ID. Create custom reports that hordes of Executive on our side want. Scale out the system from undersized nodes we originally gave it. That's all I picked up by just listening to them. I wasn't involved in the project, just sat nearby listening to it.

This is extremely customizable software that is designed to pretty much run your entire business and touched by over 40k employees. It requires a ton of care and feeding. There is plenty of people who dedicate themselves to PeopleSoft. Zip Recruiter is showing 5 jobs near me for "PeopleSoft Administrator"

Re: Oracle slashes 30k jobs

#108

Am I the only one who, when they see this, feels that it's already tough for Oracle and that many companies betting on "AI" have finally understood the real risks involved, and that they risk simply failing? I mean, if Oracle is doing that, they're clearly having some problems. I don't know how to properly express that (I'm sorry, I'm not very fluent with English), but for me it seems as some kind of signal of potent…

> feels that it's already tough for Oracle and that many companies betting on AI have finally understood the real risks involved This has nothing to do with AI, whose capex largely falls under Oracle Cloud. The main teams hit - RHS, SVOS, and NetSuite India - are associated with Cerner and NetSuite, both of which are the kinds of legacy SaaS apps that are most likely to see reduced spend in the world today - it's che…

> The main teams hit - RHS, SVOS, and NetSuite India - are associated with Cerner and NetSuite, both of which can serve to reduce some fat.

> reduce some fat

Yes, but, well... why do they need to do that at all? I mean, what made them make this decision right now? I think it was mentioned in the article - they're in debt because of their AI data centers projects:

> Oracle has taken on $58 billion in new debt within just two months.

Although...

> All of this is happening even as the company posted a 95% jump in net income — reaching $6.13 billion — last quarter.

Still,

> According to analysis from TD Cowen, the job cuts are expected to free up between $8 billion and $10 billion in cash flow — money the company urgently needs to fund a massive buildout of AI data centers.

And they need a lot of resources to fund that, because:

> Oracle to Invest U.S. $2 Billion in AI and Cloud Infrastructure in Germany (2025) [1]

> Oracle unveils $10B data center expansion plan (plans for 2025) [2]

While they're having some problems now:

> Oracle and OpenAI End Plans to Expand Flagship Data Center (Bloomberg) [3]

It's just a few examples; I'm sure if you will dig deeper you will find more. Some sources suggest that "Oracle plans to invest up to $50 billion in 2026 to expand its AI data center infrastructure", but I'm not sure if it's true and if you can trust them, so I'll leave it there. They're trying to optimize because they're in debt, and still they seem to expand that debt even more.

[1] https://www.oracle.com/news/announcement/oracle-invests-two-...

[2] https://www.channeldive.com/news/oracle-capex-spike-cloud-ai...

[3] https://www.bloomberg.com/news/articles/2026-03-06/oracle-an...

Re: Oracle slashes 30k jobs

#110
Full text of e-mail:

We are sharing some difficult news regarding your position.

After careful consideration of Oracle’s current business needs, we have made the decision to eliminate your role as part of a broader organizational change. As a result, today is your last working day.

We are grateful for your dedication, hard work, and the impact you have made during your time with us.

After signing your termination paperwork, you will be eligible to receive a severance package subject to the terms and conditions of the severance plan. You will receive an email from DocuSign to your Oracle email address with details on your severance and termination date.

Immediate Action Required

To receive important follow-up information, including FAQs and separation documents to help you through this transition, you must provide a personal email address.

Please click here to submit a personal email address immediately. If you make a submission error, please re-submit a new form. Please Note: The personal email address will only be used for correspondence regarding separation-related information and severance agreements.

Access to your computer, email, voicemail, and files will be deactivated soon, and you will be unable to log into your computer. As a reminder, you are prohibited from downloading, copying or retaining (including emailing yourself) any Oracle confidential information.

Thank you for your contributions to our organization. If you have additional questions, please reach out to the HR team via the Ask HR page or at (888) 404-2494.

Oracle Leadership

Source: https://www.reddit.com/r/employeesOfOracle/comments/1s8jadx/...

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