Earlier quoted context omitted.
When done for profit maximizing reasons it's not any worse than capitalism itself, but then this degrades into whether capitalism is ethical which is off topic
Profit maximization makes for the high standard of living we enjoy.
Oracle slashes 30k jobs
301–310 of 890 posts
Re: Oracle slashes 30k jobs
#302Earlier quoted context omitted.
These are some of the richest and most profitable companies in history but they act like miserly slaves to their share price. We have created such a perverted incentive system.
There's an argument to be made about bad incentives driving large public companies. But it's way less satisfying that emotional appeals. The base of your statement is just wrong. A company is a legal fiction. It doesn't have thoughts, wants, desires. It's not rich or poor. It's a piece of paper. It's an entry in government database. What is not a fiction is Oracle's owners i.e. shareholders. They are not rich. Majori…
Re: Oracle slashes 30k jobs
#303Earlier quoted context omitted.
Blame it on whatever you like. oracle has been a rudderless leech for nearly 30 years now. - overpricing the database led to a predictable exodus and new players with often times better performance. - acquisition of MySQL led to a predictable exodus and new players like maria with often times better performance. - Oracle cloud arrived late to spectacular skepticism and low user turnout from customers who had been bur…
> a rudderless leech for nearly 30 years now. Yeah, from small interactions over the past two decades, I have no idea how they could have been so bad while employing so many people. What on earth were those 30k people doing?! Their solutions were crap for ages.
There is a significant correlation between how many people you employ and how much nothing you accomplish. It means you've gotten big enough to survive long bouts of doing something and achieving nothing with large amounts of people.
Re: Oracle slashes 30k jobs
#304> The layoffs are directly tied to Oracle’s aggressive and debt-heavy expansion into artificial intelligence infrastructure. The actual culprit.
Re: Oracle slashes 30k jobs
#305More victims of AI. Not actually of "AI is replacing jobs", more "oh shit we are spending too much and the product isn't good enough for us to ever make a return on our absurd over-investment".
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 they do cut back to their size before the acquisition, while continuing to try and support the EMR, they will be doing a lot more with fewer employees.
The acquisition has already had a lot of bad consequences: https://www.businessinsider.com/oracle-cerner-health-larry-e...
Re: Oracle slashes 30k jobs
#306The 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,…
Every company I've worked for has avoided Oracle software of any kind. My hunch is that big consulting firms like CGI might use it, and therefore the customers of those firms use it? But I haven't worked at any of those.
Lucky you. Sadly, not all companies are new enough to be able to do that. Some embarked on Java when it was Sun, and Oracle when the only alternative would have been SQL Server (or DB2 on AIX, AS/400, or MVS).
Re: Oracle slashes 30k jobs
#307Earlier quoted context omitted.
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That isn't though. Both Cerner (EHR) and NetSuite (ERP) were laggards in their market segments for years. If I'm the Director of Enterprise Applications and have a budget allocated to procurement, I have no reason to purchase a laggard product like Cerner or NetSuite even with the Oracle bundle when SAP is giving significant discounts because OpenAI, Anthropic, and GCP are offering partnerships with systems integrati…
The value is in the “system” itself. The tooling, plugins, knowledge that your staff has the familiarity and skills so as to not require retraining, the interoperability of data with other systems and vendors.
The idea that AI is going to enable a variety of bespoke competitors is truly laughable!
Re: Oracle slashes 30k jobs
#308Re: Oracle slashes 30k jobs
#309The 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,…
Their biggest asset is ERP. That's how they get orgs locked in, because migrating ERP systems after deployment can take decades of work and cost multitudes more than just eating Oracle's renewal increases. Could orgs jettison them into the sun? Totally. Is it fiscally sensible? Yeah, absolutely. Can you sell that to the board? Nope.
The best way to kill Oracle - because such a toxic organization absolutely deserves to fail - is to avoid building anything atop their infrastructure ever again going forward. Don't use their Java tooling, don't use their software suites, don't use their cloud services.
Just don't use Oracle for anything new, and work to get the fuck off of it for anything that remains.
The only reason Oracle survives is because rich dumb fucks keep giving them money.
Re: Oracle slashes 30k jobs
#310Earlier quoted context omitted.
Every company I've worked for has avoided Oracle software of any kind. My hunch is that big consulting firms like CGI might use it, and therefore the customers of those firms use it? But I haven't worked at any of those.
It’s a common ‘large enterprise’ dependency often due to some internal CRN/Accounting/Compliance software, so I suspect you are right.