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Oracle slashes 30k jobs

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Re: Oracle slashes 30k jobs

#461

Post by Apocryphon »

shepherdjerred wrote: post #432
js8 wrote: post #130

Earlier quoted context omitted.

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.

And yet, employers love to use the "we're a family", "we're a team", and other such messaging, especially in the tech industry. They elide the transactional nature of the entire relationship.

Re: Oracle slashes 30k jobs

#462

Post by giancarlostoro »

baggachipz wrote: post #450
giancarlostoro wrote: post #384

I've heard of people working there that has cozy, low effort jobs, I'm not surprised. More surprised if took them this long.

What makes you sure that those are the ones laid off?

Not confident, but that's a good question. :)

Re: Oracle slashes 30k jobs

#463

Post by HDThoreaun »

dominotw wrote: post #397
jaccola wrote: post #342

Earlier quoted context omitted.

I think this sucks for the people being laid off but what exactly should they be held accountable for? It's not like over-hiring or laying people off is a crime. The employees presumably knew the deal going in (that they could be laid off). They got compensated for the time they worked. No one owed them a job at Oracle in the first place. (Again, not to diminish how bad it feels / shocking it can be to be laid off!)

making wrong decisions at work has no consequences for you? where do you work?

Tech shareholders want executives to take risks building new products. Of course they’d prefer the products be successful but if the options are “hire 30k people 50% chance we have to lay them all off” or “don’t build new products” most tech shareholders want option 1.

Re: Oracle slashes 30k jobs

#464

Post by triceratops »

jaccola wrote: post #342
wnevets wrote: post #308

Very often people will defend these kind of layouts as the result of overhiring but then shouldn't the leadership that over hired 30K people also be held accountable?

I think this sucks for the people being laid off but what exactly should they be held accountable for? It's not like over-hiring or laying people off is a crime. The employees presumably knew the deal going in (that they could be laid off). They got compensated for the time they worked. No one owed them a job at Oracle in the first place. (Again, not to diminish how bad it feels / shocking it can be to be laid off!)

> what exactly should they be held accountable for?

Bad leadership. Costing the company a ton of money and goodwill. Need I go on?

Re: Oracle slashes 30k jobs

#465

Post by sleepybrett »

bix6 wrote: post #11

It feels like Oracle has made some massive strategic missteps in the past year. I’m curious if they can turn it around.

I mean bribing trump to get all those sweet government cloud contracts seems like it could end up being either the best bribe ever or a good way to get your company disbanded.

Re: Oracle slashes 30k jobs

#466

Post by kstrauser »

progbits wrote: post #447
kstrauser wrote: post #362

Earlier quoted context omitted.

Until you become addicted, and then plan for the price to spike.

If you are not yet in Oracle's clutches you have to be extremely naive or shortsighted to be using Oracle cloud. Obviously the low prices are because they have a shit product and shit reputation, and the moment they think they captured large enough audience they are going to hike them

Yup. They're not offering those prices out of generosity. They're offering them because that's the most they can charge big players who understand what it means to buy from Oracle.

Re: Oracle slashes 30k jobs

#467

Post by stego-tech »

balderdash wrote: post #419
stego-tech wrote: post #309

Earlier quoted context omitted.

It's stickiness. 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 abs…

A while ago we were looking at migrating ERP - netsuite was a not a good price proposition and candidly feels a bit dated - but when you mapped features it was pretty impressive and for a lot of business that have some complexity (multi-entity, multi-currency, multi site mfg or inventory), there is not a whole lot of good alternatives because you can't use quicken but you definitely don't want SAP

The irony is that the ERP space is ripe for innovation and disruption, but nobody wants to get into ERP because it's a goddamn nightmare.

Every business runs slightly differently than everyone else, and ERP tries to be this all-encompassing monolith. I wonder if the solution to ERP isn't just targeted microservices exposing data via APIs...

Re: Oracle slashes 30k jobs

#469

Post by Aurornis »

heraldgeezer wrote: post #407
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.

[flagged]

> But it goes both ways, if I want to leave I have to work the mandated period

Do companies actually force people to continue working during that period? I would expect that in tech they'd allow them to leave early because employees who have chosen to leave the company are some times not the most helpful to keep around for months

Re: Oracle slashes 30k jobs

#470

Post by niek_pas »

IncreasePosts wrote: post #423
niek_pas wrote: post #406

Earlier quoted context omitted.

> 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.

Why? They get a severance which is going to be multiple months salary, as well as approximately $2000/mo unemployment from the state (assuming in California). Personally, I'd rather just get the money and not have to work, rather than be forced to come into the office knowing I was getting canned in 3 months or whatever

I did not know they got severance. In any case, I'm still not sure I'd prefer that scenario --- coming into your work to suddenly find you've been terminated and subsequently sitting on your ass for a couple months while looking for another job seems pretty emotionally damaging to me, but to each their own.
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