Earlier quoted context omitted.
The one where one trip to ER can leave you on the street and students have six digit debts?
Ironically, you picked two systems that are heavily interfered with by the government. Back in the Great Depression, my great grandmother got sick and was hospitalized, and they took care of her until she passed. My grandfather did not have enough to pay the bill. The hospital told him not to worry, just pay what he could. It took him a while, but he paid the bill in full.
Oracle slashes 30k jobs
711–720 of 890 posts
Re: Oracle slashes 30k jobs
#712Earlier quoted context omitted.
It's crazy to me that companies are allowed to do this, given that staff are generally expected to be accommodating and give notice when they quit.
Expected, yes, required, not at all. It is completely legal to just stop showing up one day.
Re: Oracle slashes 30k jobs
#713Earlier quoted context omitted.
37signals, vanguard, costco, proton, fastmail, mullvad vpn, framework, automattic, valve, patagonia, lego, linear, hetzner, tarsnap, ...
Ok, and when you apply for and get rejected from all those companies, what do you do then? Suppose you give me a list of literally every company you think is ok, and I were declined by all of them, then what? This isn't a theoretical question for me. I've applied to and been declined from all the companies you listed (except tarsnap because I didn't see a careers page). What exactly do I do then? Do I then just decid…
Re: Oracle slashes 30k jobs
#714Very 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 personally don’t agree with this, but it’s easy to say “overhiring was bad”, when at that point, it might’ve been a great business decision. Things just have changed now.
Re: Oracle slashes 30k jobs
#715Re: Oracle slashes 30k jobs
#716Earlier quoted context omitted.
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
#717Earlier quoted context omitted.
37signals, vanguard, costco, proton, fastmail, mullvad vpn, framework, automattic, valve, patagonia, lego, linear, hetzner, tarsnap, ...
"You either die a hero, or you live long enough to see yourself become the villain" It is only a matter of time...
Re: Oracle slashes 30k jobs
#718But on the other side, I'm afraid that the fired employees will go to work for other companies contaminating them with the harmful spirit against customers.
Re: Oracle slashes 30k jobs
#719Earlier quoted context omitted.
When laying people off, better companies will often accelerate vesting so that the departing employees get additional stock. For example, Google does this: We’ll also offer a severance package starting at 16 weeks salary plus two weeks for every additional year at Google, and accelerate at least 16 weeks of GSU vesting. https://blog.google/company-news/inside-google/message-ceo/j...
OK but for most people a 16-week acceleration is still forfeiting 92% of unvested shares.
For something paid at regular intervals like RSUs, you really should never be looking at the total value of the grant, and instead think of it in terms of how many shares per paycheck/month/quarter/year you vest.
If you've got a cliff coming up, that's different. I'd be pissed if a company laid me off 11.5 months into a 12 month cliff or a few weeks before an annual bonus and didn't accelerate the vesting / bonus.
Re: Oracle slashes 30k jobs
#720Earlier quoted context omitted.
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…
Just curious, how was SQL Server perceived at the time compared to Sybase and Oracle? I know it originated as a port of Sybase.
Oracle was definitely seen as the more mature and resilient (and expensive!) RDBMS in all the years I worked in that space. It also ran on Unix/Linux whereas SQL Server was windows only. Many enterprises didn't like running Microsoft servers, for lots of (usually good) reasons.