Oracle fires 21,000 employees to fund AI spending

https://www.jpost.com/business-and-innovation/tech-and-start-ups/article-903442

Comments

87 points · 12 comments · view on lemmy.world

12 Comments

dregan@lemmy.world · 50 pts · 12d

Do not fall into the trap of anthropomorphising Larry Ellison. You need to think of Larry Ellison the way you think of a lawnmower. You don't anthropomorphize your lawnmower, the lawnmower just mows the lawn, you stick your hand in there and it'll chop it off, the end. You don't think 'oh, the lawnmower hates me' -- lawnmower doesn't give a shit about you, lawnmower can't hate you. Don't anthropomorphize the lawnmower. Don't fall into that trap about Oracle.

— Brian Cantrill

ToiletFlushShowerScream@piefed.world · 26 pts · 12d (7 replies)

How can you lose over twenty thousand employees and still have a functioning business?

inmate_p01135809@lemmy.world · 24 pts · 12d (2 replies)

They can't. They will rehire/backfill a fraction of it back a year from now at lower salaries.

Rhaedas@fedia.io · 6 pts · 12d (1 reply)

Selling high, buying low. The tactic never changes. Sorry/not sorry on all the collateral damage done for their gains. Even if some of the injuries are to themselves.

inmate_p01135809@lemmy.world · 7 pts · 12d

Have you met Oracle? They seem to thrive on self-inflicted injuries

Eyekaytee@aussie.zone · 9 pts · 12d (3 replies)

This video might help:

What does Oracle actually do?

https://www.youtube.com/watch?v=KW80Yjib7RA

TBH I still don't get it, no one I know would ever use their shitty overpriced garbage database but somehow apparently it's so entrenched in several megacorps that they pay megabucks to Oracle instead of simply moving away to a cheaper alternative

Confuses the hell out of me

Rhaedas@fedia.io · 9 pts · 12d

So same business model as Microsoft. Same self-inflicting injury strategy too,

FaceDeer@fedia.io · 7 pts · 12d

The problem is probably hidden in the "simply" part. A huge IT infrastructure built on one tech stack isn't easy to migrate to another one, it'd cost a lot and all those things that currently "just work" might stop working. And then you're on a new tech stack and who knows whether it'll work as well as Oracle has been so far? As long as Oracle keeps the lights on their existing customers will likely stick with them out of inertia.

That won't necessarily get them new customers, though, and if those new customers instead pick some other tech stack they now face the same challenge trying to get them to come to Oracle. So we'll see how things work out for them in the long run.

hneerqe@lemmy.world · 5 pts · 12d

govs use them hardcore

DickFiasco@sh.itjust.works · 13 pts · 12d

Oh noes! My ORCL!

UsefulInfoPlz@lemmy.world · 11 pts · 12d

One Rich Asshole Called Larry Ellison

Not_mikey@lemmy.dbzer0.com · 3 pts · 11d

I commute past the Oracle campus in silicon valley every other day and it's been a ghost town for years. They did move there HQ to texas, but they still have so much office space that they don't use.

Someone could probably steal there boat out front and no one would notice for a week. picture of Oracle campus with boat out front