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Oracle slashes 30k jobs

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Re: Oracle slashes 30k jobs

#91

Post by whamlastxmas »

renewiltord wrote: post #55
dafelst wrote: post #2

More victims of AI. Not actually of "AI is replacing jobs", more "oh shit we are spending too much and the product isn't good enough for us to ever make a return on our absurd over-investment".

One of the ideal things that companies can do is not hire people. A company that never hires someone will never let anyone go and consequently is the only ethical company. The worst thing that a company could do is pay someone to do a job for a while. In fact, one thing we could do is make sure that all jobs should be perpetual. If someone hires you, they can't stop paying you until they die or declare bankruptcy. Th…

Oracle has record revenue and has for many years in a row. Laying people off is a result of mismanagement and not because they can't afford to keep them. In an ideal world I believe we'd have human centered employment instead of profit centered, and while I know that's unlikely to happen, it doesn't mean we can't criticize profit centered

Re: Oracle slashes 30k jobs

#93

Post by toast0 »

Quarrelsome wrote: post #76
SoftTalker wrote: post #43

Earlier quoted context omitted.

There's no real way to sugar-coat losing your job. I think an email is as good as anything. Ensures everyone gets the same message at the same time.

I think its very impolite to not do it face-to-face.

What time is a good time for everyone to show up for a face-to-face layoff meeting for a global company?

If you don't do it simultaneously, you're going to hear by rumor rather than by official email, which is IMHO worse.

If you do it simultaneously, everyone will know something is up, because there's never simultaneous global meetings.

Re: Oracle slashes 30k jobs

#94

Post by rocmcd »

CoolGuySteve wrote: post #29
muskstinks wrote: post #9

Earlier quoted context omitted.

I don't think its that easy. Look at their employee numbers over the years: (ai generated): Oracle Corporation Employee Count (2010 - 2025) Legend: Each '' represents approximately 4,000 employees. Year | Employees ------------------------------------------------------------------ 2010 | (105,000) 2011 | (108,000) 2012 | (115,000) 2013 | (120,000) 2014 | (122,000) 2015 | (132,000) 2016 | (136,000) 2017 | (138,000) 20…

Even at 100k employees I’m still dumbfounded by that number. What do all these people do all day?

Unless you have worked with Oracle or other big enterprises, you may not realize the scale of how these companies operate and the breadth of what they actually do. Just by looking at their product page[0] you can see they offer software, hardware, cloud, consulting, support, and even financing solutions. In addition to the technology and product people (of which there are many), you also need HR, sales, marketing, accounting, support, etc for the entire global organization.

Sure, 100,000 people is a lot, but Oracle also does a lot.

[0] https://www.oracle.com/products/

Re: Oracle slashes 30k jobs

#95

Post by scrollop »

newsoftheday wrote: post #66
geon wrote: post #52

Earlier quoted context omitted.

Where did he say he's not worried about other billionaires?

Where did he say that he is, that's the point. Otherwise their comment is disingenuous at best or engineered to be divisive against Oracle at worst.

You want every discussion about one billionaire to be about all of them?

And you want to generalise this to every topic?

Re: Oracle slashes 30k jobs

#97

Post by bombcar »

kaladin-jasnah wrote: post #36
codemog wrote: post #6

Don’t work for evil companies.

I tried to do this out of undergrad (graduated last year). Many companies do both good and bad things to me, some more good than bad. The "best of the best" companies to me require many years of experience and are still competitive. I didn't really want an entry level job at an "evil" company, so I'm going to go do a PhD (in something unrelated to my original interest in operating systems, as I don't want to be a 30k…

The key to not working for evil companies is to have more choice in who you do work for, which involves living way below your means so that you can save inordinate amounts of income and "retire" early - which is just code for "do the work I want to do for those I want to work for".

Re: Oracle slashes 30k jobs

#98

Post by gethly »

companies overhired when money was cheap during covid to inflate their numbers and push their marketcap. since cheap money is gone, they have no incentive to keep the workforce. this has nothing to do with AI.

Re: Oracle slashes 30k jobs

#99

Post by whamlastxmas »

shepherdjerred wrote: post #75
renewiltord wrote: post #55

Earlier quoted context omitted.

One of the ideal things that companies can do is not hire people. A company that never hires someone will never let anyone go and consequently is the only ethical company. The worst thing that a company could do is pay someone to do a job for a while. In fact, one thing we could do is make sure that all jobs should be perpetual. If someone hires you, they can't stop paying you until they die or declare bankruptcy. Th…

It’s not unethical to lay someone off

When done for profit maximizing reasons it's not any worse than capitalism itself, but then this degrades into whether capitalism is ethical which is off topic

Re: Oracle slashes 30k jobs

#100

Post by raw_anon_1111 »

newsoftheday wrote: post #57
raw_anon_1111 wrote: post #37

Earlier quoted context omitted.

Citations?

I used Google Gemini to confirm before I posted my comment. You're welcome to do the same.

“I used AI to confirm what I said” is not exactly the great comeback you think it is…
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