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Oracle slashes 30k jobs

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311–320 of 890 posts

Re: Oracle slashes 30k jobs

#311

The 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,…

oracle is deeply embedded in enterprise and a lot of other enterprise solutions also use it. they have no value proposition for startups. likely just on existing clients and ppl who end up using stuff that requires their products.

Re: Oracle slashes 30k jobs

#313

Earlier quoted context omitted.

Isn't this normal? I thought that's how it typically works when an employee leaves a company with any method.

When laying people off, better companies will often accelerate vesting so that the departing employees get additional stock. For example, Google does this: We’ll also offer a severance package starting at 16 weeks salary plus two weeks for every additional year at Google, and accelerate at least 16 weeks of GSU vesting. https://blog.google/company-news/inside-google/message-ceo/j...

OK but for most people a 16-week acceleration is still forfeiting 92% of unvested shares.

Re: Oracle slashes 30k jobs

#314

The 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,…

It's like IBM for legacy business the German Banking System runs all oracle in the backend.

Indeed. Oracle runs on z/OS as well.

Re: Oracle slashes 30k jobs

#315
post #84

Earlier quoted context omitted.

I think the headline is not the best headline, but what it meant by "cold" is that there was no advance warning. So like cold-calling somebody, but to fire them, and an email instead.

The problem with advance warning is the employee who decides to sabotage in revenge. For example, a company I knew in the 80s had a wholly owned subsidiary. It was losing money, so it was decided to close the subsidiary. Management decided that they'd be nice guys, and notified the subsidiary that it would be closed in 90 days and then everyone would be laid off. 90 days later, management arrived to close the facilit…

I find it hard to blame the workers in this story... it's a poor indictment of the management if they only checked in 3 months later and got this surprise - no wonder the company collapsed!

Re: Oracle slashes 30k jobs

#316
post #299
post #224

Between employers and employees, loyalty is only expected one way.

Not really. You can quit at any time, too. A job today isn’t (and shouldn’t be) any guarantee of a job tomorrow.

> A job today isn’t (and shouldn’t be) any guarantee of a job tomorrow.

Also relationships, kids and stability. Spend all your life in perpetual anxiety, rent all your life, you will own nothing and be happy! Also, here’s a bowl of insect protein while we’re at it.

Re: Oracle slashes 30k jobs

#317

Earlier quoted context omitted.

> layoffs are deeply immoral It's no more immoral than you deciding to buy from Safeway, even though you'd been buying from Fred Meyer before.

Safeway won’t starve and die if I decide to buy from Fred Meyer. You really don’t see that an individual is not on equal footing with multibillion company? It is absolutely immoral. And I’m not even talking about charity, those people were hired and did actual job for the fucking trillion dollar company.

Several grocery stores in Seattle have closed recently. The same with local Starbucks outlets. Locations that don't make money get closed, even if the rest of the company is doing well.

Also, employees can quit anytime, no notice required. Nobody is obliged to work.

Re: Oracle slashes 30k jobs

#318

Earlier quoted context omitted.

Oracle and Java are deeply embedded in US gov work. How deep? Let's just say a large number of classified developer jobs hire for Java. Ellison has been a huge proponent of a surveillance state, and that likely ingratiates him with certain three letter agencies. The only developers I know who write Java full time work in systems that take pictures of things from far away.

> The only developers I know who write Java full time work in systems that take pictures of things from far away. We all have different circles. I work for a bank and the bulk of the LOB code here is Java (or something that runs under a JVM). There are no Oracle databases as far as I know, but my visibility is limited. Also, Oracle Applications for things like HR.

Yeah, lots of corporate backend code is Java, and Java is a great choice for backend/server code. I've never seen Oracle anywhere, though, not in banks and not in governments. I've mostly seen Postgres and MSSQL and some MongoDB.

Re: Oracle slashes 30k jobs

#320

Earlier 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.

> What on earth were those 30k people doing?!

Could be lawyers.

Would we be sad if they were lawyers?

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