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Did someone over leverage themselves on AI datacentre buildouts paid for with money that doesn’t exist?
Cry me a river, Larry. I hope you die impoverished.
I'm sure Larry will be just fine
Yes they laid these folks off for the express purpose of funding more datacenter buildouts because they were not funding banks willing to to loan them the capital.
I'm so glad I never pursued Oracle DB as a career, I was considering it at one point in the early 2000s, even went to school. I would have been making a good $100k+ a year instead of struggling along, but at least I still have a soul :P
I mostly used postgres in my work but we had one master server that had to be oracle for reasons so I took a class. The class mostly taught me that I wanted nothing to do with oracle.
One rich asshole called Larry Ellison
And then they release a Security Patch Update, but don’t release the patches needed until a week later. So I had a document urging me to install an unavailable patch.
In other words Oracle bosses do something very scummy and blame it on AI, hoping people will be angry at it instead of where the blame really lies.
It seems Larry wants to be alone with his AI.
Then I hope he dies alone in an AI-psychosis induced spiral.
This fascist piece of dickskin is just as dangerous as Thiel and musk.
The reverse should be hilarious. Anyone reading this applying for jobs there should not take a fucking offer below premium, because that's what they are trying to do.
Fuck that shithole company
Your first mistake was working for Oracle. They've always been a shit company.
~~That’s 10,000 medium-sized businesses closed overnight.~~
~~Goddamn.~~
You mean 1,000?
Crap. No. I mean ten.
Okay so i don’t work in accounting! Oof.
Oracle is in a really bad position financially on ai. Is this the beginning of the downfall?
No they are banking on the digital ID dystopia across the uk and Europe
Just proves how dumb they fucking are. Software industry is gonna be a mess real soon.
Is there anyone left at Oracle?
Larry and his lawyers
The best thing that can come out of the implosion of Oracle (other than the influence death of the Ellisons) is that Paramount might escape the grasp of his brother.
It's going to embrace bankruptcy soon at this rate
That's good, I guess? Most businesses who license Oracle should see their rates go down considerably. Right? /s
And now they will probably raise prices too.
Gotta fund those data centers somehow.