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Oracle slashes 30k jobs

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701–710 of 890 posts

Re: Oracle slashes 30k jobs

#701
post #611

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

I forgot how much I hated the mixture of top and bottom quoting

Re: Oracle slashes 30k jobs

#702

Earlier 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

Yes, although a lot of the most advanced PostgreSQL features that would bear comparison in this discussion are relatively recent. PostgreSQL didn't have them in the 2000s, either, and where it did, the ergonomics were much worse than they are today.

Re: Oracle slashes 30k jobs

#703

Earlier 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…

DB2 had/has excellent data compression capabilities, achieving ratios for OLTP that would only be equaled by later OLAP columnar systems.

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

#704

Earlier 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.

This is the real underlying story, and it may be unfair to expect people to "do this on their own" but in the USA, you really need to do this on your own.

Re: Oracle slashes 30k jobs

#705

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.

I verified it before and generated the graph with gemini for c&p it into hn

To be fair, the stats are more trustworthy with a source link. Especially if you admit to using AI to generate the text in your comment (which is now actually against the guidelines, but I suspect most will forgive it if it's not too egregious, even after such an admission; in this case, it's nice formatting for being inline with the comments on this page), it would help to disclose where the actual data is coming from. I'd just include the link to where you verified the numbers, otherwise the comment is fine. (I mean, that's just my opinion, but there you have it.)

Re: Oracle slashes 30k jobs

#706

Earlier 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.

> Then why dont executives got punished by investors when they take risks and fail?

they do?

Re: Oracle slashes 30k jobs

#708
post #516

Earlier 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.

In one case it was "we may be considering layoffs" told to us in September, and right after thanksgiving was "we will be doing layoffs after Christmas" - but the list of those laid off wasn't available.

Maybe we need the corporate version of "Good night, Wesley, I'll no doubt fire you in the morning."

Re: Oracle slashes 30k jobs

#709

Earlier 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.

Which is so common it's called "garden leave".

Re: Oracle slashes 30k jobs

#710
post #285
post #166

Earlier 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.

A "performance improvement plan" is almost always a 6-month/1 year warning that you're going to get fired/laid off.

It's common in some companies.

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