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Oracle slashes 30k jobs

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Re: Oracle slashes 30k jobs

#731

Post by drmath »

tomjakubowski wrote: post #540
niek_pas wrote: post #406

Earlier quoted context omitted.

> As a result, today is your last working day. As a European, I never realized that this is allowed under US labor law. That is absolutely insane. EDIT: some commentors have pointed out that the workers collect severance and unemployment --- I was not aware this is law in California, and that changes matters. I would, though, still find being suddenly out of a job fairly traumatic.

> collect severance and unemployment --- I was not aware this is law in California, Unemployment benefits in California are capped at $450/week, and you only get 26 weeks of it. It's helpful, but doesn't even cover housing costs for many individuals, let alone for families. I don't think there's a state law requiring severance. It's often offered by the employer if the terminated employee agrees to sign an NDA.

The California WARN act effectively requires 2 months severance for large layoffs at large companies (or 2 months notice, but companies almost always prefer severance).

Re: Oracle slashes 30k jobs

#732

Post by odyssey7 »

zdragnar wrote: post #147
odyssey7 wrote: post #126

Earlier quoted context omitted.

The need to teach people what setting does what is a sort of consulting moat that AI dismantles when it can access the right context.

They don't make any of the documentation for those settings easy to find or understand because the support contracts make them so much money.

Before, that could create a moat.

Soon, it will be table stakes to put scattered internal communications, notes, documents into an AI’s knowledge base, where the information can no longer hide.

When that fails, the AI can read the code itself, so that the settings and how to change them are easily explained in simple terms. Actually, this is possibly even better than letting the scattered internal information serve as an intermediate layer.

Re: Oracle slashes 30k jobs

#733

Post by abalashov »

oogali wrote: post #557
amiga386 wrote: post #424

Earlier quoted context omitted.

> Enlighten me on what I would use Oracle Oracle buys smaller enterprise companies with rich customers that were already using Oracle DB, or makes them rely on it, then cashes in on licensing. So for example, they bought Micros (most EFTPOS terminals in the world are powered by them, I think), they bought Cerner (big supplier of IT to healthcare companies), they bought PeopleSoft. If your big company isn't using SAP,…

Your phone calls and SMS messages that touch the phone network, likely touch Oracle. Yes, nearly all of them. For a tech-adjacent example of an acquisition of an entrenched supplier, look at Tekelec, a telecom hardware and software vendor which Oracle purchased in 2013[1]. Tekelec had a number of products but Oracle really cared about one: the EAGLE family, which is a suite of hardware and software for handling netwo…

Hey Oogali! Long time. :)

"When you read an unusually high-expertise HN comment and realise you know the author..."

Re: Oracle slashes 30k jobs

#734

Post by wiseowise »

randomNumber7 wrote: post #698
wiseowise wrote: post #669

Earlier quoted context omitted.

What makes you think that productivity is the most important goal? I’ll take Germany way over Silicon Valley bullshit any time of the day.

You have actually more to give if you are more productive. Germany acts like money grows on trees. Reality will come and hit hard.

> Reality will come and hit hard.

Like it hit Block and Oracle workers already?

Re: Oracle slashes 30k jobs

#735

Post by cyanydeez »

goku12 wrote: post #456
gustavus wrote: post #113

Earlier quoted context omitted.

> this whole fascist, AI, far right nationalist takeover Well that's a new take I haven't heard before. That the AI is actually a far right nationalist takeover.... That's an interesting perspective.

Are you not aware of the techno-authoritarian ambitions of the silicon valley tech bros? It isn't much of a secret these days, after they published a few books detailing their aspirations, a bit like Project 2025. There are even public videos where they express their disdain for competition and democracy. A few prominent individuals in this cabal are publicly known. Mr. Lawn Mower here is at the forefront of it and i…

throw in the san fran technobabble of "permanent underclass" and you have a lot of people pushing to overthrow the slow, boring democracy

Re: Oracle slashes 30k jobs

#736

Post by alephnerd »

lenerdenator wrote: post #694
alephnerd wrote: post #579

Earlier quoted context omitted.

> 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 Millenni…

> 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). Is this on the grounds that you can do it yourself?

What larger procurement teams are saying is "we would rather pay Accenture+Anthropic $50M for 2 years and if they fail, sign a $75M contract with Epic in 3 years instead of spending $150M for 5 years".

Even at the lower ends of the funnel, companies are now extracting significant discounts from market leaders as well as their incumbent vendors becuase they are quote shopping.

Oracle isn't in a position to push back because it isn't a market leader in the segments that NetSuite and Cerner compete in, which makes discount even more critical, which means margins management also becomes significantly more critical.

Re: Oracle slashes 30k jobs

#737

Post by SlightlyLeftPad »

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,…

If you want to build a system of monolith services and be locked into a 30 year old waterfall development model, then Oracle is for you.

I’ve had this argument with several DBAs. They always claim “Oracle is the most performant,” while quite possibly true technically, they also tend to run a single massive instance that inevitably leads to a complete failure of the site under heavy load. Oracle is often designed to be the single point of failure. I believe that is by design. The same problems can be solved with modern event driven architectures, better caching, horizontal dynamic scaling, etc.

Re: Oracle slashes 30k jobs

#738

Post by troyvit »

tombert wrote: post #637
troyvit wrote: post #165

Earlier quoted context omitted.

Why stick with for-profit companies? But on measure I'd say System76, n8n, Nextcloud, GridX, Odoo, Tuxedo, GitLab, Uplight, Aurora Solar, Bandcamp (maybe), Bitwarden, Canonical (maybe), Scribd, Arcadia, Wikihow. Basically any time you find yourself enjoying a product you're using, see who made it and if they're hiring. Sure it's an uphill battle. This is late-stage capitalism after all and unless you're comfortable w…

I'm not unemployed right now, but in the past have applied to literally every one of those companies and been declined from every one of those companies. It's hard to find jobs at companies that aren't run by monsters; even if you can identify a company that isn't terrible, there's still a relatively low likelihood of getting a job there. I'm not blaming the companies for not hiring me, I'm sure they have their reaso…

Haha I built that list almost entirely from companies that rejected me so I hear you.

Re: Oracle slashes 30k jobs

#739

Post by gwbas1c »

niek_pas wrote: post #406
chekibreki wrote: post #110

Full text of e-mail: We are sharing some difficult news regarding your position. After careful consideration of Oracle’s current business needs, we have made the decision to eliminate your role as part of a broader organizational change. As a result, today is your last working day. We are grateful for your dedication, hard work, and the impact you have made during your time with us. After signing your termination pap…

> As a result, today is your last working day. As a European, I never realized that this is allowed under US labor law. That is absolutely insane. EDIT: some commentors have pointed out that the workers collect severance and unemployment --- I was not aware this is law in California, and that changes matters. I would, though, still find being suddenly out of a job fairly traumatic.

In general, the reason why US companies often are abrupt / surprise is because they fear retaliation.

I once was given about 6 weeks notice in the US, with a promise that if I completed a project I would be given severance. Given the situation I was in, where the product would be "done", it was a good situation to be in.

Re: Oracle slashes 30k jobs

#740

Post by twoodfin »

alephnerd wrote: post #736
lenerdenator wrote: post #694

Earlier quoted context omitted.

> 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). Is this on the grounds that you can do it yourself?

What larger procurement teams are saying is "we would rather pay Accenture+Anthropic $50M for 2 years and if they fail, sign a $75M contract with Epic in 3 years instead of spending $150M for 5 years". Even at the lower ends of the funnel, companies are now extracting significant discounts from market leaders as well as their incumbent vendors becuase they are quote shopping. Oracle isn't in a position to push back b…

Who in the healthcare space has actually pulled the trigger on Accenture+Anthropic so that BATNA is even remotely credible?

Sorry, but that sounds as mythical as Bigfoot.

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