• comador @lemmy.world
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    29 days ago

    Couldn’t happen to a better group of companies. Let them all beg for bailouts and be denied.

    • db2@lemmy.world
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      29 days ago

      and be denied

      Maybe under a sane leadership, certainly not now. Trump will give them a bailout and a shipping container full of “deported” teenagers.

      • artyom@piefed.social
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        29 days ago

        Even Obama handed out bailouts like candy. No chance this admin doesn’t.

        • 4am@lemmy.zip
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          29 days ago

          I mean that’s one of the big draws of capitalism right? Much of the state’s power is derived from its elite oligarchy and their industrial contributions, in exchange for basically having a blind eye turned to anything they want.

          When you allow structure of such importance to exist as a business, you balance your house on toothpicks.

          Therefore, you can allow them to snap and tumble your whole home down a cliff; or you can treat them as part of the state (but, only when they need it. To keep up appearances.)

      • TIEPilot@lemmy.world
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        29 days ago

        lol you think either party wouldn’t bail them out? They all own stock in these companies, party line means fuck all when it comes to their net worth. Both parties will link arms sing kumbaya and rip us off yet again…

    • CoriolisSTORM88@lemmy.world
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      29 days ago

      While I agree with the anti Oracle sentiment, that’s 21,000 employees that didn’t say they wanted AI BS. The suits and ceos that do this aren’t the ones that pay the price. It’s always the ordinary people like you and I.

  • Llamatron@lemmy.world
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    29 days ago

    I’ve worked in IT for close to 30 years and I’ve never met anyone with a good word to say about Oracle. I remember them being notorious for auditing their customers and nailing them to wall for even the slightest perceived infraction of their convoluted license agreements. I don’t understand how they still exist.

    • Mikina@programming.dev
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      29 days ago

      JDK is the greatest scam ever.

      When something needs JDK, most people usually just download the first one they find without much thought, just like with any dependency, which is Oracle’s, instead of OpenJDK.

      Oracle will go after companies where their employees unknowlingly installed their JDK for some minor thing, and hit them with multimillion fine for breaking their license after a while. Or at least I remember hearing they used to.

      Blocking anything Oracle company-wide, especially JDK, is the first thing an IT admin should do.

      • rekabis@lemmy.ca
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        28 days ago

        A prior company I worked at had a compliance division whose work was about 80% Oracle. As in, their attention over preventing Oracle JRE installs in favour of Azul Java was 4× higher than ensuring anything Microsoft - or anything else under the sun, actually - was properly licensed.

    • rumba@lemmy.zip
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      29 days ago

      auditing their customers and nailing them to wall

      Vendor lock-in is quite profitable.

      Big on Govt projects too

    • M137@lemmy.today
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      28 days ago

      I got my first computer at 15, in 2005, and even then they were very clearly bad just from my newbie experience and seeing forums posts. The word itself is so tainted for me because of them. One of the companies that “enshittified” way ahead of the curve.

    • kunaltyagi@programming.dev
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      29 days ago

      Their sales and especially enterprise sales team are good at convincing people that they really need MySQL. Once their pitch works, then come the lawyers and the nailing part

    • architect@thelemmy.club
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      29 days ago

      Yet they keep working for an evil company. They could have not done that. Had a little integrity. But no, so…

      Oh hey I’m from the future where you get judged harshly for where you choose to work.

  • rumba@lemmy.zip
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    29 days ago

    Start forcing users to use AI
    lose staff
    Fire staff so that AI can take over
    lose staff
    Find out AI can’t replace the users, get devalued
    lose staff

    seems pretty toxic

        • Cheebus@lemmy.world
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          22 days ago

          Morally I feel I made the right decision, financially probably not but I’ll choose morals over cash any day.

          Won’t know if I’ll stay in IT yet for a few months at this new job, or if I need to pivot harder

  • FlashMobOfOne@lemmy.world
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    29 days ago

    Jesus. This puts workers at, what, 150-200k laid off this year? Awful.

    But I do like that part about mandatory power grid guarantees. If we lived in a reasonable country that would be a federal regulation.

    • saltesc@lemmy.world
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      29 days ago

      Yeah. Wisconsin sticking up for itself.

      And Oracle’s only angle was, “You’ll regret this. People will go elsewhere!”

      Seriously, I don’t see what data centres give their hosts. They barely require a workforce after setup, they rip through resources, they fuck with the environment, they offer no municipal services, and they’re eyesores. At best they’re a form of property tax revenue and I guess rates revenue.

    • pistcow@lemmy.world
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      29 days ago

      let’s just say $100k if there’s the random custodial engineer in the mix. That $2.1 billion in salary. They reduced headcount 13% in 2025 and this would bea 15% from that. Probably cash strapped and about to go bust. Good.

  • PattyMcB@lemmy.world
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    29 days ago

    This shit is literally ruining the industry for developers/engineers.

    At least most of the ones I know and work with.

    • GreenKnight23@lemmy.world
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      29 days ago

      it’s ruining the industry right now. when the bubble bursts and the datacenters crater it will be a new golden era for farming!

      I know plenty of devs who just want to farm, or hunt, or build shit.

      I can’t wait for the farming industry to be disrupted when 100,000 seasoned engineers descend upon companies like john deere. they’ll be like a plague of locusts that will blot out the sun forever.

      • lordbritishbusiness@lemmy.world
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        29 days ago

        I’ve been of the opinion that Silicon Valley and tech in the US has effectively drawn in the very best of several countries and collectively robbed so many industries of some of the smartest people around.

        These people retraining or going back home and into other industries could be an economic boom in the making.

    • NottaLottaOcelot@lemmy.ca
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      29 days ago

      So now they HAVE to double down and fund this AI infrastructure, because sunk costs dictate that they can’t admit to a bad decision and hire back the terminated employees.

      Just because it’s costly doesn’t mean they aren’t going to push forward with all their might, unfortunately

      • stringere@sh.itjust.works
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        28 days ago

        Anyone with sense still locked in to Oracle products needs to find their nearest exit strategy.

        I know it won’t be easy, but the alternative is going to be a lot messier when they completely go to shit and you lose everything.

    • architect@thelemmy.club
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      29 days ago

      People shouldn’t be working for super villains.

      People stand around wondering why the fuck these companies are able to do what they do and these billionaires the same. WELL BECAUSE YOU WORK FOR THEM CHAD. IT’S LITERALLY YOUR FAULT!

  • irish_link@lemmy.world
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    29 days ago

    No matter how much I try, all I see in this picture is Mel Brooks as President Skroob sniffing Air out of a can.

  • NullPointerException@lemmy.ca
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    29 days ago

    Last week we received the CPU (Critical Patch Update) for Oracle products, which is a list of strongly recommended patches. They issue 4 per year (end of January, April, July and October). ALL patches were late.

    • Kissaki@feddit.org
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      29 days ago

      You think/Are you saying they’re late because of the layoffs? Or is that the norm for Oracle?

      • NullPointerException@lemmy.ca
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        29 days ago

        It’s a trend. Years ago there were no patches finished after the main document. Then, it started appearing, to the point that they created a section warning about late patches. It was ok, because probably 99% of their clients must be on top of Linux x86-64. So, these patches were always available in time. This time, not even this patch was available. It was delivered a day later. Others, are scheduled for a week later, and sometimes, they reschedule.

        I don’t have inside information. I only see the trend.

        Years ago, patching a database was a big task, basically having to rebuild the dictionary. Then, they automated and changed stuff and things got super simple. Suddenly everything went downhill, to the point that last time I had to patch the patch.

        I thought they were doing this on purpose to push us to their cloud service, but layoffs are a much simpler explanation. Occam’s Razor.

  • dream_weasel@sh.itjust.works
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    28 days ago

    Why does Larry Ellison give me such crazy uncanny valley vibes?! Is his head too long? Moustache too narrow? Generally too smooth? It has fucked me up all day scrolling past this image.

  • Kurtismayfield@lemmy.zip
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    28 days ago

    Imagine failing this hard at your job and keeping it.

    And I know his job is to keep the stock price high… but 28 percent growth over the last five years in tech is still failing at your job.

    • Bieren@lemmy.today
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      28 days ago

      “Double digit YoY or get out. Doesn’t matter how many people you have to fire or how hard to exploit the ones you keep. Double digit or GTFO.” -Shareholders

    • ZILtoid1991@lemmy.world
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      28 days ago

      Besides the usual CEO shenanigans, they really want AI to succeed, to replace usually leftist intellectuals with a far-right AI.

      • Kurtismayfield@lemmy.zip
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        27 days ago

        I want cold fusion, cancer to be cured for 1 dollar, and flying ponies. But I know I’m not getting those.

        They aren’t going to get true AI either.

  • Jankatarch@lemmy.world
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    29 days ago

    Fucking wild to read the article. Oracle got pissy because regulations said you can’t just shove datacenter electricity costs on people.

  • perishthethought@piefed.social
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    29 days ago

    To fund the rapid expansion, Oracle took aggressive efficiency measures and enacted a sweeping wave of layoffs. By the end of fiscal year 2026, the company’s workforce was slashed by about 21,000 employees, a decline of roughly 13%, from 162,000 to 141,000 workers. The deep cuts followed an operational restructuring driven in part by the internal adoption of AI technologies.

    If I read this new article right, they’re just talking about the layoffs from ORCL’s March/April 2026, which was their last fiscal year, which ended May 31 2026. I think this is just repeating old news. Anyone else read it that way?

    As a result, Oracle is now required to provide cash collateral or a letter of credit in the astronomical sum of over $7 billion just to connect the building to the power grid, a setup whose ongoing maintenance will cost the company more than $100 million annually.

    That seems to be what this article really has for news and that’s really funny, IMO. Go get 'em, Wisconsin.

    • humanspiral@lemmy.ca
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      29 days ago

      It is burying old news in headline. The consequences/pitfalls of their “strategic shift” are fairly new. The layoffs were explicitly justified for pivot to datacenters that OpenAI will “surely” be able to rent. The new extra problems in that strategic shift just makes them look worse for going all in on the bubble.