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in reply to Chris Remington

Literally just siphoning wealth from society.
in reply to Chris Remington

They must be cumming buckets once they realized journalists are gormless enough to blindly regurgitate their press releases about how these are AI driven job losses and totally not layoffs due to typical business fuckery.
in reply to Catoblepas

The job losses are AI-driven, though. The upper management fucked around with pouring billions into AI and found out, and the people who had nothing to do with that decision get to pay for it.
in reply to TehPers

This has been in motion since before AI was being pushed in everything.
in reply to Chris Remington

If Oracle and Microsoft crash and burn when the bubble pops, it would be absolutely amazing
in reply to BestBouclettes

Microsoft won't, but Oracle... I'm having trouble figuring out what Oracle sells nowadays that is worth paying money for. Are there really that many companies still hooked on Oracle's DB?
in reply to P03 Locke

Microsoft uses Oracle, to give you a sense of scale.
in reply to redsand

Ms does use postgres. In fact in was a dev on the postgres team at microsoft that found the russian malware in XZ that almost got included in red hat lts and compromised the entire internet
This entry was edited (3 weeks ago)
in reply to TerabyteRex

I would be even more shocked to learn that person still works there. Crazy world time to check LinkedIn
in reply to redsand

M$ actually bought Citus Data, so they are embracing Pgsql.
in reply to Midnitte

Oracle needs a good dose of adversarial interoperability.
in reply to P03 Locke

There are a lot of big companies using Hyperion Financial Management, Hyperion Planning and other EPM stuff.
in reply to P03 Locke

Oracle owns Cerner, the largest IT medical provider. No major competitor either, since they're multinational and most competitors are single country or regional
in reply to bl4kers

Correct me if I'm wrong but don't they also own TikTok in the US now?
in reply to P03 Locke

The Ellisons don't care, they're in the media business now. They now control a sizeable portion of the news media, and as well as entertainment. It will bring in even more money, and also make them among the most influential people on the planet.
in reply to BestBouclettes

They'll be expecting government handouts to not go bankrupt and that's why they're spending as much as they can. They'll get that money back anyway.
in reply to ryan213

This will be the easiest government to get handouts from.
in reply to Chris Remington

Can you imagine if tech workers decided they might want to unionize? That would be an exciting day.
in reply to fodor

They should, although it's a bit late. Should have done it long before everyone got fired.
in reply to Chris Remington

Wouldn't/shouldn't investors see huge layoffs like this as a sign that the company isn't doing too hot? In a logical world the stock price should be plummeting right now... Oh they're down 25 % so far this year, so maybe it is.
This entry was edited (3 weeks ago)
in reply to Chris Remington

This is a sign they know they're near the end. They're looting everything they can before the company crashes.