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Oracle slashes 30k jobs

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Re: Oracle slashes 30k jobs

#721

Earlier quoted context omitted.

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.

If everybody does it wrong and you know the right way - sounds like you’re sitting on a million dollar idea.

Consumers have no incentive to switch because they don’t care that devs are being taken advantage of, that’s what makes the scheme evil.

Re: Oracle slashes 30k jobs

#722

Earlier quoted context omitted.

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…

Create your own company.

Ok, great. Let's say I agree that that's a good response. I would still likely need investor money, which I don't even know how to get but even if I did then I have a similar problem of having to make sure that I only have ethical investors. I'm not saying that they don't exist but I'm not exactly fond of the big institutional VC firms.

Let's not also forget that most companies go broke, and realistically most of us don't have any ideas that are likely to make a sustainable business.

I'm not saying that you shouldn't try and find an ethical place to work for or start a business, I'm just saying that it's not as easy as "just apply to places that don't suck".

Re: Oracle slashes 30k jobs

#723

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!)

Labor is a commodity. You don’t apologize to the commodity for changing your spending habits and walking past it in the store.

Re: Oracle slashes 30k jobs

#724

Earlier quoted context omitted.

If you can’t lay off people then the economy won’t run and it affects everyone. Sure you can show easy empathy for the employees but this is how economy runs. A static economy where layoffs are hard or punished will lose to a more dynamic one.

> Sure you can show easy empathy for the employees but this is how economy runs. A static economy where layoffs are hard or punished will lose to a more dynamic one. Is that why workers are generally happier in Europe even though on paper their economy loses?

I've always been skeptical of happiness statistics. In many cases, self-reporting happiness offers an objective floor for happiness, but the ceiling is entirely relative/subjective.

The floor is universal: starvation, suffering, death.

The ceiling...

For someone who's starving & facing death, would simply be good health, easy access to food, healthy family, house & car.

But the ceiling for someone who already has these things is different. The ceiling for a billionaire is different.

The only way I can imagine not doing this type of subjective self-reporting is... maybe you can draw blood from populations and record cortisol and oxytocin levels?

Re: Oracle slashes 30k jobs

#725

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,…

Oracle run a huge % of the worlds POS devices.

Re: Oracle slashes 30k jobs

#726

Earlier quoted context omitted.

> 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

I have never, ever understood this whole mandated period thing. Aside from what you mention -- do you really want to keep these people around against their will -- I don't understand how your (ex-)employer can force you to do anything against your will. All you have to do is say "no". Yet people keep believing mandated work after a layoff is a thing.

It's not against their will. It's a part of the contract they signed when they started working at the company. The contract stipulates how it can be terminated (in accordance with the local law). If it says each party can terminate a contract with a prior notice of two weeks, the contract is enforced for those two weeks after giving in the notice. There's still an employee-employer relationship at this point, even if the employee gave their notice.

In some countries the notice period can go for months. Usually it gets longer with the tenure. It allows both parties to transition and prepare in advance.

Re: Oracle slashes 30k jobs

#727

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,…

This feels correct. Their business model is squeezing anyone who can't migrate off their properties and suing the rest. Why would go $58B in debt to support a new feature that no one will want after alienating everyone above?

Because you can get the government to buy it via corruption?

Re: Oracle slashes 30k jobs

#728

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,…

If you're a massive organization and have need for a mission critical database that cannot fail for any reason, with massive scale and scalability, security, reliability, high availability, high throughput, etc., and you want instant expertise available to solve any DB problems, then you're not using Postgres, a cloud database or rolling your own noSQL solution.

I'm talking about huge, billion dollar institutions like banks, financial services, governments, logistics, manufacturing, software, etc. These are the companies run by the "golf executives" who want guaranteed database dependability and are willing to pay for it.

In this case, you'll use Oracle or IBM DB2.

For example, if you're TikTok dealing with billions of interactions, or Boeing, maintaining critical databases of millions of parts, you'll be totally willing to spend huge amounts of money to make sure your data is rock solid, even if it's overpriced (Apparently, Microsoft is one of Oracle's biggest customers of all companies!)

Re: Oracle slashes 30k jobs

#729

Earlier quoted context omitted.

OK but for most people a 16-week acceleration is still forfeiting 92% of unvested shares.

By the same logic, wouldn't 4 months of severance pay be equivalent to forfeiting 92% of salary? 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 1…

That's exactly my point. "Losing" your RSUs is the same as losing all your other income that you did not earn because you don't work there any more.

Re: Oracle slashes 30k jobs

#730
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

For whatever it's worth (perhaps not much?), I was actually asked about this three-decade-old post (!) recently on the Peterman Pod[0], which allowed for a slightly more nuanced discussion.

[0] https://www.youtube.com/watch?v=qhSL-5GtmQM&t=3757s

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