Earlier quoted context omitted.
I do take a perverse kind of pride that this can now be said without any explicit reference -- and everyone knows you're talking about the lawnmower.
Hey, at least it's better than your other one. https://landley.net/history/mirror/linux/kissedagirl.html
Oracle slashes 30k jobs
701–710 of 890 posts
Re: Oracle slashes 30k jobs
#702Earlier quoted context omitted.
We were building a payments system in the early 2000s and got a diktat to not use Oracle. The amount of things we had to build to satisfy the availability and durability requirements were so huge it consumed the first few years of work. We didn’t get to the business side of things until much later. Funny thing is we ended up giving up on MySQL and went back to oracle after all that work. The whole thing was scraped a…
We should really be more thankful for the existence of PostgreSQL
Re: Oracle slashes 30k jobs
#703Earlier quoted context omitted.
What's about DB2? I have no experience with it but I guess IBM specifically designed it for enterprise-scale transaction processing workloads...
DB2 was crazy good for certain use cases but very weird. For one, the pattern for DB2 efficiency was pretty much the exact opposite of every other database. Every other database would say "Normalize your tables, use BCNF, blah blah, small reference tables, special indices etc". DB2, the pattern was "denormalize everything into one gigantic wide table". If you did that it was insanely fast for the time and could handl…
For raw performance needs, many financial services schema were going to be denormalized anyway. Compression was a great way to claw some of the resulting inefficient storage back.
Re: Oracle slashes 30k jobs
#704Earlier quoted context omitted.
At-will employment is hard. Honestly, if you aren't planning to lose your job tomorrow when your at-will, you're not being honest with yourself. I wish it were different, but outside a union contract or some other fairly well-combed over business contract, you should not assume you will get paid tomorrow.
The best strategy is to save up at least 6 months of runway.
Re: Oracle slashes 30k jobs
#705Earlier 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.
I verified it before and generated the graph with gemini for c&p it into hn
Re: Oracle slashes 30k jobs
#706Earlier quoted context omitted.
anyone can get any random shower thought funded by this logic. Thats not how investing works.
Then why dont executives got punished by investors when they take risks and fail? The answer clearly is that investors want the risks to be taken and understand the downside that comes from taking risks.
they do?
Re: Oracle slashes 30k jobs
#707Re: Oracle slashes 30k jobs
#708Earlier quoted context omitted.
> Should I buy Xmas presents? Who knows! If losing your job means you can't afford buying presents, isn't it good to know your job is at risk? Better than buying presents and then getting fired right?
That’s the point. Tell me today if I still have a job. Do not make everyone sweat about it for an undetermined amount of time. That’s unnecessary financial stress on all of the people who were not impacted.
Maybe we need the corporate version of "Good night, Wesley, I'll no doubt fire you in the morning."
Re: Oracle slashes 30k jobs
#709Earlier quoted context omitted.
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…
The company is free to pay the salary and tell the employee not to show up during that time.
Re: Oracle slashes 30k jobs
#710Earlier quoted context omitted.
6+ months' notice with a severance package equal to at least an annual salary.
Why would you give someone 6 months notice? What good is that for the employee? Especially if the severance is generous. “Hey, we’re going to fire you in 6 months. Just a heads up.” Nah. Give me the year of salary and send me home today. Better for the employee and for the company than pointlessly dragging it out. Again, this is assuming generous severance.
It's common in some companies.