AI bet goes awry: Oracle fires 21,000 employees(jpost.com)
jpost.com
AI bet goes awry: Oracle fires 21,000 employees
https://www.jpost.com/business-and-innovation/tech-and-start-ups/article-903442
3 comments
Stories like this are a dime a dozen. It amazes me that these types of companies manage to find talent.
I suppose most of these people are just "doing it for the paycheck" with the expectation that they will eventually get 86’d.
I honestly hate that it has come to this. My parents worked at the same company for decades and enjoyed job security/protection with the help of unions and government that gave a damn about the working class.
Now we — working class — have been reduced to a fucking number. Ellison crime family doesn’t give a shit that you delivered 100X your salary. It’s all about pumping the share price, short term gains and appeasing the Epstein class.
I suppose most of these people are just "doing it for the paycheck" with the expectation that they will eventually get 86’d.
I honestly hate that it has come to this. My parents worked at the same company for decades and enjoyed job security/protection with the help of unions and government that gave a damn about the working class.
Now we — working class — have been reduced to a fucking number. Ellison crime family doesn’t give a shit that you delivered 100X your salary. It’s all about pumping the share price, short term gains and appeasing the Epstein class.
Oracle has found another AGI breakthrough internally.
Recent related:
Oracle could face $7B collateral bill for Wisconsin data centre
https://news.ycombinator.com/item?id=48993488
S&P Global has lowered Oracle’s creditworthiness from BBB to BBB-
https://news.ycombinator.com/item?id=48909768
And 3 months ago:
Oracle slashes 30k jobs
https://news.ycombinator.com/item?id=47587935