Tech giant Oracle cuts 21,000 jobs as it embraces AI

https://www.bbc.com/news/articles/c4gy0x0j5deo

271 points · 28 comments · view on lemmy.world

28 Comments

bacon_pdp@lemmy.world · 82 pts · 89d (1 reply)
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Evotech@lemmy.world · 7 pts · 89d

They didn’t know that when they hard locked themselves into oracle 20 years ago

CompactFlax@discuss.tchncs.de · 53 pts · 89d (2 replies)

Did someone over leverage themselves on AI datacentre buildouts paid for with money that doesn’t exist?

Cry me a river, Larry. I hope you die impoverished.

SnoringEarthworm@sh.itjust.works · 8 pts · 88d

I'm sure Larry will be just fine

EncryptKeeper@lemmy.world · 2 pts · 88d

Yes they laid these folks off for the express purpose of funding more datacenter buildouts because they were not funding banks willing to to loan them the capital.

joeljoelle@piefed.blahaj.zone · 49 pts · 89d (1 reply)

I'm so glad I never pursued Oracle DB as a career, I was considering it at one point in the early 2000s, even went to school. I would have been making a good $100k+ a year instead of struggling along, but at least I still have a soul :P

HAL_9_TRILLION@lemmy.dbzer0.com · 18 pts · 89d

I mostly used postgres in my work but we had one master server that had to be oracle for reasons so I took a class. The class mostly taught me that I wanted nothing to do with oracle.

Ioughttamow@fedia.io · 36 pts · 89d

One rich asshole called Larry Ellison

NullPointerException@lemmy.ca · 26 pts · 89d

And then they release a Security Patch Update, but don’t release the patches needed until a week later. So I had a document urging me to install an unavailable patch.

mereo@piefed.ca · 19 pts · 89d (1 reply)

It seems Larry wants to be alone with his AI.

lemmyng@lemmy.world · 5 pts · 89d

Then I hope he dies alone in an AI-psychosis induced spiral.

c64z86@piefed.world · 19 pts · 88d

In other words Oracle bosses do something very scummy and blame it on AI, hoping people will be angry at it instead of where the blame really lies.

Formfiller@lemmy.world · 17 pts · 88d

This fascist piece of dickskin is just as dangerous as Thiel and musk.

just_another_person@lemmy.world · 16 pts · 89d

The reverse should be hilarious. Anyone reading this applying for jobs there should not take a fucking offer below premium, because that's what they are trying to do.

siravious@lemmy.world · 15 pts · 88d

Fuck that shithole company

cyberpunk007@lemmy.ca · 14 pts · 88d

Your first mistake was working for Oracle. They've always been a shit company.

homesweethomeMrL@lemmy.world · 12 pts · 89d (2 replies)

That’s 10,000 medium-sized businesses closed overnight.

Goddamn.

kcuf@lemmy.world · 5 pts · 89d (1 reply)

You mean 1,000?

homesweethomeMrL@lemmy.world · 6 pts · 89d

Crap. No. I mean ten.

Okay so i don’t work in accounting! Oof.

Bread@thelemmy.club · 10 pts · 88d
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onlyhalfminotaur@lemmy.world · 9 pts · 88d (1 reply)

Oracle is in a really bad position financially on ai. Is this the beginning of the downfall?

Formfiller@lemmy.world · 3 pts · 88d

No they are banking on the digital ID dystopia across the uk and Europe

lonesomeCat@lemmy.ml · 8 pts · 88d

Just proves how dumb they fucking are. Software industry is gonna be a mess real soon.

greyscale@lemmy.grey.ooo · 8 pts · 88d (2 replies)

Is there anyone left at Oracle?

whotookkarl@lemmy.dbzer0.com · 7 pts · 88d (1 reply)

Larry and his lawyers

greyscale@lemmy.grey.ooo · 4 pts · 88d

The best thing that can come out of the implosion of Oracle (other than the influence death of the Ellisons) is that Paramount might escape the grasp of his brother.

inari@piefed.zip · 7 pts · 89d

It's going to embrace bankruptcy soon at this rate

melsaskca@lemmy.ca · 2 pts · 88d

That's good, I guess? Most businesses who license Oracle should see their rates go down considerably. Right? /s

Microtonal_Banana@lemmy.zip · 1 pts · 88d

And now they will probably raise prices too.

roofuskit@lemmy.world · 1 pts · 89d

Gotta fund those data centers somehow.