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Oracle slashes 30k jobs

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Re: Oracle slashes 30k jobs

#571

Post by yxhuvud »

kyledrake wrote: post #157

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,…

You are missing the business model - buy has-been platforms and frameworks and charge big bucks for maintenance. Customers eventually manage to migrate off you, but it is fine cause you buy some other has-been stack and then overcharge for that.

Re: Oracle slashes 30k jobs

#572

Post by RankingMember »

DrJokepu wrote: post #473
gorjusborg wrote: post #352

Earlier quoted context omitted.

It's very amusing to me that you bring up IBM in a discussion of the value of Oracle. I came here to say that if you want to understand Oracle's value, think IBM with less history.

Kind of, but there are some subtle differences in my opinion. Oracle is top-to-bottom evil, whose business model basically boils down to screwing over their clients and everyone else at every possible opportunity, comparable to the likes of McKinsey or Accenture. IBM is a bit more nuanced. My wife grew up in an IBM town and a lot of her family and her friends’ families used to work there in the 70s and 80s. People, e…

I think of IBM and GE as being cut from the same cloth back then- they treated their people well and dominated their markets.

Re: Oracle slashes 30k jobs

#574

Post by andyjohnson0 »

mghackerlady wrote: post #546
kyledrake wrote: post #157

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,…

maybeeee SPARC based Solaris? Probably not a major usecase nowadays (Oracle bought Sun for Java, not for Sun) but it seems to be limping along

> Oracle bought Sun for Java, not for Sun

My recollection is that they also qanted Sun's storage hardware products, to sell alongside their existing DB software.

Re: Oracle slashes 30k jobs

#575

Post by elzbardico »

Ethical Dillemas.

You found the cure of cancer. If you release it now, you'd giving back humanity millions of LifeYears, but if you release it in a few years, Larry Elison won't be able to take advantage of it.

How do you proceed?

Re: Oracle slashes 30k jobs

#576

Post by HDThoreaun »

mirekrusin wrote: post #42
newsoftheday wrote: post #20

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, ...

Valve takes 30% of revenue from developers because they have cornered the distribution market. Their margins on the steam store are probably second only to the apple store's, another heinously immoral product.

Re: Oracle slashes 30k jobs

#577

Post by random__duck »

dafelst wrote: post #2

More 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".

How to tell you we are running out of money because of AI without spooking the investors ?

Re: Oracle slashes 30k jobs

#578

Post by HomeDeLaPot »

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.

Giving any kind of notice about layoffs while expecting employees to continue working is just bad for everyone.

The employees stress out about whether they're going to be impacted. Nobody gets much work done as they update their resumes and prepare for the worst. The best people start looking for other opportunities and find them. If specific employees are told they're going to be laid off, some seek revenge.

Much better to immediately notify those impacted, revoke their access, give them generous severance instead of expecting them to work, and let everyone else know they're safe.

Re: Oracle slashes 30k jobs

#579

Post by alephnerd »

lenerdenator wrote: post #284
alephnerd wrote: post #62

Earlier quoted context omitted.

> More victims of AI According to the article as well as blind, the main teams hit were associated with Cerner (EHR) and NetSuite (ERP). Oracle's AI spend is part of Oracle Cloud. That said, I guess it can be argued that Cerner and NetSuite being on the chopping block can be attributed to AI because now procurement has the choice to either build in-house via an Anthropic or OpenAI SI like Accenture or TCS or they can…

> That said, I guess it can be argued that Cerner and NetSuite being on the chopping block can be attributed to AI because now procurement has the choice to either build in-house via an Anthropic or OpenAI SI like Accenture or TCS or they can negotiate better purchasing terms from a best-in-breed product in HRM and ERP like SAP instead. Cerner isn't an EHR, it's an EMR. EHR == Electronic Health Record. Your FitBit da…

> You can't just vibecode your way to replacing an (sic) EMR

Absolutely, but you can now demand a market leader like Epic to give you a significantly better discount (eg. 20-30% over the 10% you may have previously been offered).

And that is the crux of the "SaaSpocalypse" and why you are seeing targeted layoffs in Oracle specifically for their ERP and EHR products.

> It's also worth noting that the DoD uses Millennium for active service members, and I think they also use it for TriCare. American taxpayers are on the hook for dealing with the problems that Oracle's cost cuts will produce

Absolutely, but they were already on the hook for that before Cerner became a part of Oracle.

Re: Oracle slashes 30k jobs

#580

Post by spixy »

seanhunter wrote: post #248
kyledrake wrote: post #157

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,…

Short answer: today I think there is genuinely nothing that anyone should use oracle for, but their database used to be seriously far ahead of the competition. A very long time ago (circa 2000) there were basically 2 databases that worked for use cases where you needed high availability and vertical scalability and those were Oracle and Sybase and Oracle was really the only game in town if you actually wanted certain…

Java and VirtualBox. But both are free.
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