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    Der Technologieriese Oracle nimmt „erheblichen“ Stellenabbau vor

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    3. panic_talking on

      This doesn’t have to be inevitable. This is why we have regulations, to temper this type of greed.

    5. jarena009 on

      Just a few more tax cuts for Wall Street and Corporations surely will get trickle down going! s/

    6. Dreamtrain on

      its so tragically hilarious to me how painful the integration of their healthcare acquisitions were, and today they’re like „yeah maybe we’ll just sell that off for AI“

    7. Big-Chungus-12 on

      Making them more “efficient”, wonder what KPI will be measured to give the management bonuses this time

    9. BaconEatingChamp on

      With how much we are paying them for ERP they should still be hiring additional people

    12. Edjbart615 on

      Usually, when decently moral companies go through a reduction, they at least have the decency to lay their employees off at the beginning of the month, allowing them rest of month with their benefits, stock up on meds, last minute check ups etc. These guys straight up let their people go on the last day of the month!

    13. ericl666 on

      Worst company owned by worst person does bad thing. <Surprised Pikachu face>

      „The lawnmower doesn’t hate you. The lawnmower doesn’t give a shit about you“.

    15. Fit-Alfalfa2169 on

      Their products are inferior by and a large, sales and support sucks, and OCI is way behind the other hyper-scalers so I am sure this will make all of those problem better – oh and they are a 100 billion in the hole for AI…don’t think this is the last of the layoffs.

    17. RobotIcHead on

      I read a few things about Oracle’s AI strategy and if I was an investor I would have doubts.

      But they need to improve their share price (especially as Larry Ellison gave a 40 billion guarantee to his son’s takeover deal for WB-HBO). The thing is I would actually have more doubts over it with these layoffs. But I am not a fund manager or anything.

      Data centres are not popular with many local government bodies. They do use a lot of power and water. There is still a huge ongoing shortage of memory and cpu for servers.

    19. Rick3tyCricket on

      Gotta pay them bills Larry huh?

      We don’t want to have to worry about cutting into those beautiful profits!

    20. RunW1ld on

      Have you seen their cash flow? Crazy negative. This AI thing ain’t really paying off as the tech overlords thought.

    22. Kooky-Town7810 on

      It’s wild watching all of these companies burn themselves to the ground for AI when it’s not even remotely profitable.

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