That’s good, I guess? Most businesses who license Oracle should see their rates go down considerably. Right? /s
That’s a strange move while other companies have already said this doesn’t work and are hiring people back. Of course the people they hire back are H1B contractors at lower rates with less benefits. AI is just an excuse to lower wages.
Just proves how dumb they fucking are. Software industry is gonna be a mess real soon.
Is there anyone left at Oracle?
Larry and his lawyers
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.
One rich asshole called Larry Ellison
It’s going to embrace bankruptcy soon at this rate
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.
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
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.
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.
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.
I’m sure Larry will be just fine
That’s 10,000 medium-sized businesses closed overnight.
Goddamn.
You mean 1,000?
Crap. No. I mean ten.
Okay so i don’t work in accounting! Oof.
Oracle is in a really bad position financially on ai. Is this the beginning of the downfall?
No they are banking on the digital ID dystopia across the uk and Europe
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.
Fuck that shithole company
It seems Larry wants to be alone with his AI.
Then I hope he dies alone in an AI-psychosis induced spiral.
Only fools would buy or use Oracle products. They will only ever fuck you over.
The pricing for the 2038 patch is going to be steep.
They didn’t know that when they hard locked themselves into oracle 20 years ago
