Nach einem Gewinnanstieg von 95 % entließ Oracle per E-Mail bis zu 30.000 Mitarbeiter. Technologieunternehmen streichen täglich fast 1.000 Stellen
https://finance.yahoo.com/markets/stocks/articles/oracle-fired-30-000-workers-174000364.html
Nach einem Gewinnanstieg von 95 % entließ Oracle per E-Mail bis zu 30.000 Mitarbeiter. Technologieunternehmen streichen täglich fast 1.000 Stellen
https://finance.yahoo.com/markets/stocks/articles/oracle-fired-30-000-workers-174000364.html
29 Kommentare
Tech companies treating humans like disposable apps delete, update profits, repeat.
Who do they think is going to buy their shit if people don’t have money?
Tax the fucking hell out of their wealth
They’re not cutting them. They’re hiring outside the country.
For the longest time, I regretted going into healthcare instead of tech. Given the layoffs in recent years, I am glad I chose to work in a lab. AI has gutted that workforce.
This is for my kids. Is computer science still a good career? Is this just temporary staff adjustment in the tech world?
Seriously, cutting off jobs even after 95% profit is concerning, job stability in tech feels more fragile than ever what about people whos life depends on this job or people who really needed the job…
I thought the message was that AI wasn’t making money but now you say they had a $95B profit surge. Which is it?
Clawback subsidies
Also applied for a large number of H1B visas.
While laying off American workers, Oracle was busy hiring H1B workers. From the NYP:
„As thousands of Oracle employees awoke on Tuesday to an email informing them they were being laid off, the workers likely didn’t know the tech company had been busy trying to hire foreign staff.
According to U.S. Citizenship and Immigration Services data, Oracle filed for roughly 3,126 petitions to employ H-1B workers in fiscal years 2025 and 2026.“
Welcome to trump/republican economics 101.
Taxcuts for the wealthiest owners and companies, serfdom for the rest.
I’ll be honest this shit scares me. I’m in a field that is starting to utilize AI and I can see things going bad for employees if it works as advertised. And I have no clue if I should try to make a career shift now to another company or if I think my current employer will keep me around because I’ve proven myself. At this point I feel like I just have to ride it out and see what happens. And then pick a new job that has some elements of manual labor that AI can’t handle I guess?
I just have no confidence that other companies aren’t going to do the same thing oracle did
Oracle also was seeking to hire 1,500 H1B workers from 2025 to 2026
Oracle is notoriously shitty. I have friends that would get „replanned“. Told that they have to repay $40,000 in well earned commissions or they no longer have a job. Just so Larry can buy another America’s Cup.
Larry’s a douche and no amount of money will satisfy him.
Larry Ellison is a man who flies his plane low over his neighbors after hours just because he can afford to pay the fines. He’s a modern age billionaire who doesn’t give any fucks about the people around him or those who made him rich. Exactly the kind of person who stands between the American Dream and the American people.
It’s even worse than that though. After firing thousands of Americans, they put in for thousands of h-1b visas.
https://nationaltoday.com/us/tx/austin/news/2026/04/03/oracle-files-thousands-of-h-1b-visa-petitions-amid-mass-layoffs/
Hey guys, when are we („we“ as in „actual people“, not the corrupt political class) going to do something about these companies and ultra-wealthy CEOs removing us from the economy and replacing us with slave labor via the H1B system? Is it going to be before or after we’re all permanently relegated to poverty-stricken underclass? Just wondering.
Because enough money is never enough.
Now Oracle has applied for thousands of H1B visas. Write to your senator a representative and say this is unacceptable.
Always knew they were compensations for something with their stupid ass ping pong tables and worthless RSUs
They’re going all in on AI –
All Indians.
Billionaires are ruining everything
Oracle also asked for a shitload of H1-B Visas while pulling this shit.
Somebody needs a window to fall out of.
Late stage USA.
Then turned around and applied for 3000 h1bs scum.
The new Robber Baron era.
According to another news article, Oracle fired 30,000 employees, and filed for thousands of H1B visas on the same day (which I believe will all be approved seeing as how Ellison greased the palms of the regime multiple times). MAGAs keep espousing their „replacement theory“, but this is the real replacement: well paid US employees will be replaced with cheaper employees, who will be totally dependent on their employer because of the visa.
If this works, expect other tech giants to follow suit.
No one should be surprised by this. They told us what they wanted to do. This is end game capitalism where the wealth concentration hits exponentially for those already with the bag.