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. MooseMar 8

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.

Show threada1studmuffinMar 8
Sounds a lot like IBM.
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 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 threadnamingthingsiseasy
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.
Mar 8 at 2:29pmWeb