Oracle plans thousands of job cuts as data center costs rise

https://www.reuters.com/business/oracle-plans-thousands-job-cuts-data-center-costs-rise-bloomberg-news-reports-2026-03-05/

211 points · 20 comments · view on lemmy.world

20 Comments

db2@lemmy.world · 99 pts · 182d (1 reply)

Fuck Oracle.

lmr0x61@lemmy.ml · 9 pts · 182d

Isreoracle

SnotFlickerman@lemmy.blahaj.zone · 63 pts · 182d (3 replies)

I don't usually say this but honestly if you are working at Oracle in 2026:

You deserve this. You're working for pure evil. Be thankful you can now maybe get a job that doesn't involve destroying humanity and democracy.

Grandwolf319@sh.itjust.works · 19 pts · 182d (1 reply)

Ideally yeah but what if big tech controls all the jobs cause they just keep acquiring other companies?

SnotFlickerman@lemmy.blahaj.zone · 16 pts · 182d

yeah but what if

then the labor class better fucking get their ass in gear and start fighting for their rights again.

baggachipz@sh.itjust.works · 11 pts · 182d

Also in 2026

mannycalavera@feddit.uk · 32 pts · 182d (2 replies)

Daddy needs money to buy movie studio

roofuskit@lemmy.world · 7 pts · 182d

It's not the movie studio they really care about. It's CNN for one.

Knock_Knock_Lemmy_In@lemmy.world · 3 pts · 182d

Daddy's son wants a movie studio.

boonhet@sopuli.xyz · 17 pts · 182d

They also depreciate their GPUs over 7 years rather than the couple of years they're useful for so their books are hella cooked.

SpaceNoodle@lemmy.world · 10 pts · 182d (4 replies)

What were thousands of people doing there? How much meat does it take to run a patent troll operation?

surewhynotlem@lemmy.world · 4 pts · 182d (3 replies)

Oracle was trying to compete with GCP and AWS with OCI. Oracle cloud. This tells me they're going to shutter that.

Trail@lemmy.world · 2 pts · 182d (1 reply)

Oh I fucking hope they do.

Tomorrow I have to do "cloud maintenance" on a Sunday because the fucking OCI decided that some production databases are "unstable" and need to be relocated. The same databases that a while ago could not enable data guards and failed to restore from backups.

surewhynotlem@lemmy.world · 1 pts · 182d

Yeah, that's about the level of support I'd expect from Oracle.

WhyJiffie@sh.itjust.works · 1 pts · 181d

noo but the free tier!

panda_abyss@lemmy.ca · 10 pts · 182d (1 reply)

🎈🪡

baggachipz@sh.itjust.works · 2 pts · 182d

🫧

GnuLinuxDude@lemmy.ml · 7 pts · 182d

The ⁠company had about 162,000 full-time employees as of May 31, 2025, according to its annual filing with the U.S. ​Securities and Exchange Commission.

What the fuck how is it that many people. I didn’t realize this shit company run by the shittiest group of people run such a huge operation.

Fuck Larry Ellison. Scumbag.

mrmaplebar@fedia.io · 6 pts · 182d

POP goes the weasel.

ramielrowe@lemmy.world · 5 pts · 182d

I'm sure that's totally going to help OCI's reliability. And Ashburn won't die for 3 straight days again, like it did this week.