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FoxtrotDeltaTango@sh.itjust.works to News@lemmy.world · 1 day ago

Oracle Layoffs: Tech giant to slash 30,000 jobs as banks pull out from financing AI data centres | Company Business News

www.livemint.com

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  • cross-posted to:
  • technology@beehaw.org
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Oracle Layoffs: Tech giant to slash 30,000 jobs as banks pull out from financing AI data centres | Company Business News

www.livemint.com

FoxtrotDeltaTango@sh.itjust.works to News@lemmy.world · 1 day ago
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13
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  • cross-posted to:
  • technology@beehaw.org
Over the past few weeks, several US banks have pulled off from lending to Oracle for expanding its AI data centres, as per a report.

cross-posted from: https://quokk.au/c/technology/p/732769/oracle-layoffs-tech-giant-to-slash-30000-jobs-as-banks-pull-out-from-financing-ai-data-centr

Over the past few weeks, several US banks have pulled off from lending to Oracle for expanding its AI data centres, as per a report.

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  • kittykillinit@lemy.lol
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    5 hours ago

    No sympathy for people who work for oracle/blizzard/ea/etc.

    They deserve all the abuse they get.

    • maplesaga@lemmy.world
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      1 hour ago

      People just want jobs man, lifes hard enough without restricting yourself to “ethical” corportions which dont exist.

      • Canonical_Warlock@lemmy.dbzer0.com
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        19 minutes ago

        That’s the mentality that gets people to become prison guards and ice agents. There are plenty of jobs out there, nobody needs to work for these scum companies.

  • nothingcorporate@lemmy.today
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    17 hours ago

    AI goes well: mass layoffs.
    AI goes poorly: mass layoffs

    Truly the best system

  • QProphecy@lemmy.world
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    1 day ago

    It’s happening !!!

  • CharlesDarwin@lemmy.world
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    21 hours ago

    Oh fuck. This is going to really, really hurt.

    And for people that might be gloating about it: it’s likely to hurt the very most for the people not in the upper 1% of 1%.

  • Brkdncr@lemmy.world
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    1 day ago

    Article is from Feb 2 FYI.

  • abbadon420@sh.itjust.works
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    1 day ago

    Poor java :(

    • LedgeDrop@lemmy.zip
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      13 hours ago

      … and MySQL

    • comador @lemmy.world
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      1 day ago

      Don’t feel bad for that Java, it was never a good Java… OpenJDK is the Good Java.

      • abbadon420@sh.itjust.works
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        1 day ago

        Agreed, but they do contibute a lot to the community

        • CharlesDarwin@lemmy.world
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          21 hours ago

          Yeah, quite a bit of really good optimizations and stability were done by Sun, now Oracle. The GraalVM stuff is especially interesting…

          I’m no fan of Ellison or Oracle; I wish Sun was not acquired by Oracle. Ellison being Ellison, they really really tried to monetize Java the language/platform for some reason.

        • m-p{3}@lemmy.ca
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          24 hours ago

          But at the cost of having Oracle having its mierdas touch

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