lumpenproletariatMar 7

Oracle Layoffs: Tech giant to slash 30,000 jobs as banks pull out from financing AI data centres | Company Business News

Over the past few weeks, several US banks have pulled off from lending to Oracle for expanding its AI data centres, as per a report.

Oracle Layoffs: Tech giant to slash 30,000 jobs as banks pull out from financing AI data centres

Over the past few weeks, several US banks have pulled off from lending to Oracle for expanding its AI data centres, as per a report.

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Show threadqevlarrMar 8
What does Oracle even do?
Show threadDr. Moose

I’ve been a software engineer for over 20 years now and tbh I couldn’t tell you even if my life depended on it. I know it’s a shit tier hosting service that people use because they offer 5$ worth virtual server for free with a valid credit card but that’s about it.

It’s one of those ancient paper shuffling IT companies that is 95% sale/middle mamager leeches, 5% wizard engineers carrying everything on their shoulders.

Mar 8 at 7:22amWeb
Show threada1studmuffinMar 8
Sounds a lot like IBM.
Show threadM0oP0oMar 8
Yes and like IBM they are in the business of getting out of business, and business is good!
Show threadDr. MooseMar 8
At least IBM used to be cool and gave us things like SQL, DRAM and Thinkpads. Other than Java kits I couldn’t name a single useful initiative from Oracle.
Show threadLucius_SweetMar 8
Used to be cool…you might want to look a little bit further into IBMs past, specifically what they were doing during WW2…
Show threadvaultdweller013Mar 8
The tech is still cool. Doesn’t mean IBM didn’t deserve to be dissolved and it’s entire staff shoved into a wood chipper post war for aiding and abetting genocide. Kinda like the V1s and V2s, fun fact my great grandfather worked on those and Stukas, shame the Navy posted him in fucking Florida.
Show threadDr. MooseMar 8
All is justified if it gave us Thinkpad 🙂‍↕️
Show threadbaggachipzMar 8
Oracle didn’t even create Java, Sun Microsystems did and Oracle gobbled them up. The only thing Oracle has actually created is a shitty old database system and legions of lawyers.
Show threadnamingthingsiseasyMar 8
I don’t know much about Sun, but they seemed like a cool company - Java, Solaris, Sparc. A lot of people sounded pretty upset when they got acquired.
Show threadmatlagMar 8

IBM gave us the PC standard! That’s by far their biggest contribution to the IT world, we’re still harvesting the belefits today.

Look at the ARM ecosystem of “every-PCB-is-its-own-kind”.

Show threadOpenPassagewaysMar 8
Both IBM and Oracle I haven’t really worked with because they’re heavily used by massive companies. We had an Oracle database when I was in banking that was because we were self hosting a loan accounting system. IBM does backend data processing stuff for massive companies like American Express and Bank of America. All of the smaller shops I’ve worked in have built things on Microsoft’s stack.
Show threadTjaMar 8
Is this hyperbole? I really doubt someone can be a SWE for even 2 years and not know what oracle does…
Show threadDr. MooseMar 9

Nope, I’m not an american and oracle is really not that well known outside of american corporate tech.

Mysql and Java were very big in Europe but as developer you don’t really interact with Oracle at all and even then everyone’s using openjdk since early 2010s so really if you’re not working in american enterprise you never even going to encounter Oracle’s name let alone interact with them.

My only interaction was calling their support trying to explain what a debit card is because Oracle is so brokenly american that they don’t understand the difference between debit and credit.

Show threadTjaMar 9
I work with banks, insurance companies, telecoms, manufacturers and ocassionally retailers in Europe, they all use Oracle for well over half of their applications.