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cantankerous_cashew@lemmy.world to Technology@lemmy.worldEnglish · 1 day ago

Oracle plans thousands of job cuts as data center costs rise

www.reuters.com

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Oracle plans thousands of job cuts as data center costs rise

www.reuters.com

cantankerous_cashew@lemmy.world to Technology@lemmy.worldEnglish · 1 day ago
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  • GnuLinuxDude@lemmy.ml
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    6 hours ago

    The ⁠company had about 162,000 full-time employees as of May 31, 2025, according to its annual filing with the U.S. ​Securities and Exchange Commission.

    What the fuck how is it that many people. I didn’t realize this shit company run by the shittiest group of people run such a huge operation.

    Fuck Larry Ellison. Scumbag.

  • boonhet@sopuli.xyz
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    13 hours ago

    They also depreciate their GPUs over 7 years rather than the couple of years they’re useful for so their books are hella cooked.

  • db2@lemmy.world
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    1 day ago

    Fuck Oracle.

    • lmr0x61@lemmy.ml
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      1 day ago

      Isreoracle

  • Snot Flickerman@lemmy.blahaj.zone
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    7 hours ago

    I don’t usually say this but honestly if you are working at Oracle in 2026:

    You deserve this. You’re working for pure evil. Be thankful you can now maybe get a job that doesn’t involve destroying humanity and democracy.

    • baggachipz@sh.itjust.works
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      13 hours ago

      Also in 2026

    • Grandwolf319@sh.itjust.works
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      1 day ago

      Ideally yeah but what if big tech controls all the jobs cause they just keep acquiring other companies?

      • Snot Flickerman@lemmy.blahaj.zone
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        yeah but what if

        then the labor class better fucking get their ass in gear and start fighting for their rights again.

  • mannycalavera@feddit.uk
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    1 day ago

    Daddy needs money to buy movie studio

    • Knock_Knock_Lemmy_In@lemmy.world
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      5 hours ago

      Daddy’s son wants a movie studio.

    • roofuskit@lemmy.world
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      23 hours ago

      It’s not the movie studio they really care about. It’s CNN for one.

  • panda_abyss@lemmy.ca
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    1 day ago

    🎈🪡

    • baggachipz@sh.itjust.works
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      13 hours ago

      🫧

  • SpaceNoodle@lemmy.world
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    1 day ago

    What were thousands of people doing there? How much meat does it take to run a patent troll operation?

    • surewhynotlem@lemmy.world
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      11 hours ago

      Oracle was trying to compete with GCP and AWS with OCI. Oracle cloud. This tells me they’re going to shutter that.

      • Trail@lemmy.world
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        8 hours ago

        Oh I fucking hope they do.

        Tomorrow I have to do “cloud maintenance” on a Sunday because the fucking OCI decided that some production databases are “unstable” and need to be relocated. The same databases that a while ago could not enable data guards and failed to restore from backups.

        • surewhynotlem@lemmy.world
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          6 hours ago

          Yeah, that’s about the level of support I’d expect from Oracle.

  • ramielrowe@lemmy.world
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    1 day ago

    I’m sure that’s totally going to help OCI’s reliability. And Ashburn won’t die for 3 straight days again, like it did this week.

  • mrmaplebar@fedia.io
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    1 day ago

    POP goes the weasel.

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