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Oracle slashes 30k jobs

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Re: Oracle slashes 30k jobs

#431

Post by WalterBright »

wiseowise wrote: post #347
WalterBright wrote: post #317

Earlier quoted context omitted.

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.

> 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. Irrelevant to the topic at hand. Don’t give me a sob story about mom and pop shop, we’re talking about a trillion dollar company. > Also, employees can quit anytime, no notice required. Nobody is obliged to work. Okay? What’s your p…

> Don’t give me a sob story about mom and pop shop

The grocery stores were run by national chains. Starbucks is global.

> What’s your point?

It's symmetric. Companies employ at will, and workers work at will.

Re: Oracle slashes 30k jobs

#432

Post by shepherdjerred »

js8 wrote: post #130
shepherdjerred wrote: post #75

Earlier quoted context omitted.

It’s not unethical to lay someone off

Actually, it is. You have been blinded by capitalism to consider it ethical. The tribes usually treat the members as a family. While kicking someone from a tribe can happen, it's considered to be a harsh punishment. In a tribe, when hard times come, people usually redistribute. That's a normal, human way of dealing with that situation. Not a layoff. The other aspect is the economic crises. When a central bank decides…

My employer is not my “tribe”. That is crazy. We have a contract saying I do X units of work and they pay me Y in return. Either of us end it at any time.

At least this is in the case in the US. What you are saying might be true in other cultures.

Re: Oracle slashes 30k jobs

#433

Post by shrikant »

jen20 wrote: post #229
tombert wrote: post #223

Earlier quoted context omitted.

Apple used Java in a ton of backend stuff. At least the entire backend for iTunes (Jingle) was written in Java and very very small amount of Clojure.

One only need look at the job postings for Apple to see quite how common Java backend is there.

Yeah I can see that, even when a recruiter contacted me a few years back for a data engineering position, they were looking strictly for experience in JVM-based languages.

Re: Oracle slashes 30k jobs

#434

Post by dijksterhuis »

jonas21 wrote: post #386
dijksterhuis wrote: post #160

Earlier quoted context omitted.

> (ai generated) here's a link to an actual source for people who also don't trust ai generated stuff https://www.macrotrends.net/stocks/charts/ORCL/oracle/number... edit: this source also includes data/graphs on stock price and bunch of other metrics, rather than just one number over time.

The graph in your Macrotrends link shows the exact same numbers as the AI source, but is harder to read and the page is half ads. It's not an authoritative source -- the data was most likely parsed out of Oracle's earning reports by some janky regexp. I don’t know why you would trust this more than AI.

> harder to read and the page is half ads

with an adblocker ... there is one ad on the page just above the graph about "Unlock Macrotrends Premium" which takes up 1.5/2cm of the page, while the graph underneath it takes up like 15cm. Then there's a bunch of other information on the page, none of which are ads. yes, there's a "you only get 5 page visits free" whole page pop-up thing, but there's an easy and well-known way round that for individuals who understand basic internet browser usage.

maybe start using an ad-blocker? pretty much everyone else does these days.

> the data was most likely parsed out of Oracle's earning reports by some janky regexp.

which is probably what the ai would do... or more likely it's just stealing it from the source i linked, since the numbers are exactly the same...

also, probably not because see (1b) below.

> I don’t know why you would trust this more than AI.

because (1a)

> Fundamental data from Zacks Investment Research, Inc.

> Built on Zacks Investment Research — trusted by institutional investors, academics, and financial professionals for over 45 years. [0]

I'd take people who have been doing this stuff for 45 years over some new-fangled toy that's well known to hallucinate and get things wrong in ways that appear authoritative.

also, on that (1b)

> Zacks employs a rigorous quality control process to make sure all data points are recorded accurately. For each company, a trained analyst enters the data from SEC filings, which is then double checked by a senior analyst. Once the data is entered, a senior analyst signs off on final completion after reviewing all the data. In addition, the data is subjected to a battery of automated checks to verify balancing relationships and correct errors. All data items are reviewed by multiple sets of trained eyes as well as automated computer checks. [1]

and (2) because that site provides other contextual information that is helpful, like the fact that Oracle's stock price has been trending downwards, which is possibly a reason why they felt the need to make cuts now. [2]

ai gives you the answer you want -- not the answers you might actually need.

[0]: https://zacksdata.com

[1]: https://zacksdata.com/static/docs/Zacks_Fundamental_Data_Ove...

[2]: https://www.macrotrends.net/stocks/charts/ORCL/oracle/stock-...

edit1: apparently you're not using an adblocker, wtf dude, it's 2026. use an adblocker.

edit2: added (1b)

Re: Oracle slashes 30k jobs

#436

Post by lotsofpulp »

niek_pas wrote: post #406
chekibreki wrote: post #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 pap…

> As a result, today is your last working day. As a European, I never realized that this is allowed under US labor law. That is absolutely insane. EDIT: some commentors have pointed out that the workers collect severance and unemployment --- I was not aware this is law in California, and that changes matters. I would, though, still find being suddenly out of a job fairly traumatic.

It's insane to force businesses to take on the government's responsibilities (providing food/shelter/income/energy security).

A buyer and seller should be free to start and stop buying and selling whenever they want, absent contracts stating otherwise.

The government should be there to directly support all of the people, not to police and cajole businesses to support some of the people that happened to be hired by a business.

Re: Oracle slashes 30k jobs

#437

Post by [deleted] »

riffraff wrote: post #282
jollymonATX wrote: post #208

Earlier quoted context omitted.

They have not pulled the pin on the ZFS grenade yet, but I expect at some point it happens.

but what would be the blast radius for ZFS? Most enterprises don't seem to be running ZFS with Linux, and the only large target using FreeBSD I can think of is Netflix, but AFAIR they don't use ZFS either. Oracle sues when there's $$$ to make, but I don't think ZFS would warrant them much.

[deleted]

Re: Oracle slashes 30k jobs

#438

Post by viccis »

throwawayq3423 wrote: post #331
jimkleiber wrote: post #321

Earlier quoted context omitted.

I'm not sure if companies understand the emotional impact on the laid off and the layoff survivors. It almost seems like a terror campaign, whether intended or not.

Honest question, why would they care?

As far as actual people? Depends on their personal moral code and is why colleges make people take ethics, even if I don't think that results in anything other than more elaborate ways to justify doing whatever they feel like anyway. Most people would agree that you should minimize suffering in others if you can, but people who make it to upper management and C suites often got there by not being bothered by such scruples.

As far as the company is concerned, obviously there's no reason not to care aside from not wanting to lose any critical employees who value stability. That's why many of the labor protections we take for granted now were fought for many years in the past.

Re: Oracle slashes 30k jobs

#439

Post by sowbug »

niek_pas wrote: post #406
chekibreki wrote: post #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 pap…

> As a result, today is your last working day. As a European, I never realized that this is allowed under US labor law. That is absolutely insane. EDIT: some commentors have pointed out that the workers collect severance and unemployment --- I was not aware this is law in California, and that changes matters. I would, though, still find being suddenly out of a job fairly traumatic.

https://en.wikipedia.org/wiki/At-will_employment

Re: Oracle slashes 30k jobs

#440

Post by emmp »

zerr wrote: post #166
lateforwork wrote: post #129

Earlier quoted context omitted.

What is the alternative? Have 30,000 meetings? How long will that take?

6+ months' notice with a severance package equal to at least an annual salary.

6 months notice + 12 months salary, which is what you are proposing, seems strictly worse to me than just 18 months salary and no notice.
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