Couldn't happen to a better group of companies. Let them all beg for bailouts and be denied.
this post was submitted on 25 Jul 2026
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and be denied
Maybe under a sane leadership, certainly not now. Trump will give them a bailout and a shipping container full of "deported" teenagers.
Even Obama handed out bailouts like candy. No chance this admin doesn't.
I mean that’s one of the big draws of capitalism right? Much of the state’s power is derived from its elite oligarchy and their industrial contributions, in exchange for basically having a blind eye turned to anything they want.
When you allow structure of such importance to exist as a business, you balance your house on toothpicks.
Therefore, you can allow them to snap and tumble your whole home down a cliff; or you can treat them as part of the state (but, only when they need it. To keep up appearances.)
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While I agree with the anti Oracle sentiment, that’s 21,000 employees that didn’t say they wanted AI BS. The suits and ceos that do this aren’t the ones that pay the price. It’s always the ordinary people like you and I.
There should be a law that if more than x% of the workforce is laid off, the entire C-suite has to go too.
Here come a lot of x%-1 layoffs!
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Yeah no they’re 100% gonna get bailed out. All they have to do is kiss the ring and they’re golden.
But fuck all of us, I guess.
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I've worked in IT for close to 30 years and I've never met anyone with a good word to say about Oracle. I remember them being notorious for auditing their customers and nailing them to wall for even the slightest perceived infraction of their convoluted license agreements. I don't understand how they still exist.
I interviewed with them a few years ago and the dev I talked to said it was the best job he ever had.
That was the only time I ever heard anything positive about Oracle.
JDK is the greatest scam ever.
When something needs JDK, most people usually just download the first one they find without much thought, just like with any dependency, which is Oracle's, instead of OpenJDK.
Oracle will go after companies where their employees unknowlingly installed their JDK for some minor thing, and hit them with multimillion fine for breaking their license after a while. Or at least I remember hearing they used to.
Blocking anything Oracle company-wide, especially JDK, is the first thing an IT admin should do.
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Yes but on top their software is clunky and lacks basic usability?
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I used to work for Oracle and this pleases me. Nobody should have to work for Oracle.
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Start forcing users to use AI
lose staff
Fire staff so that AI can take over
lose staff
Find out AI can't replace the users, get devalued
lose staff
seems pretty toxic
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Chinese open-source models are becoming the norm. You don't need the latest model from ChatGPT (e.g., a Ferrari) to complete your task. A simple Honda will suffice (open-source models), and it uses a lot less energy since it runs on your home or company's infrastructure.
Because of that, I predict that we're going to see a lot of financial hardship among AI companies.
Open-weight not open source mostly. And they're not keeping them open weight forever. Once they've truly surpassed the west, their future models will likely be closed down too so they could charge Anthropic level pricing and turn a profit.
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Jesus. This puts workers at, what, 150-200k laid off this year? Awful.
But I do like that part about mandatory power grid guarantees. If we lived in a reasonable country that would be a federal regulation.
Yeah. Wisconsin sticking up for itself.
And Oracle's only angle was, "You'll regret this. People will go elsewhere!"
Seriously, I don't see what data centres give their hosts. They barely require a workforce after setup, they rip through resources, they fuck with the environment, they offer no municipal services, and they're eyesores. At best they're a form of property tax revenue and I guess rates revenue.
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let's just say $100k if there's the random custodial engineer in the mix. That $2.1 billion in salary. They reduced headcount 13% in 2025 and this would bea 15% from that. Probably cash strapped and about to go bust. Good.
This shit is literally ruining the industry for developers/engineers.
At least most of the ones I know and work with.
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Ellison: job ~~creator~~ destroyer.
People shouldn’t be working for super villains.
People stand around wondering why the fuck these companies are able to do what they do and these billionaires the same. WELL BECAUSE YOU WORK FOR THEM CHAD. IT’S LITERALLY YOUR FAULT!
In a shitty job market, a job for the supervillain is better than starving and being homeless.
This rhetoric comes from a place of privilege.
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Last week we received the CPU (Critical Patch Update) for Oracle products, which is a list of strongly recommended patches. They issue 4 per year (end of January, April, July and October). ALL patches were late.
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Why does Larry Ellison give me such crazy uncanny valley vibes?! Is his head too long? Moustache too narrow? Generally too smooth? It has fucked me up all day scrolling past this image.
Plastic surgery and fillers are supposed to give him a youthful appearance. Instead it makes him look like a fucking blow up sex doll.
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No matter how much I try, all I see in this picture is Mel Brooks as President Skroob sniffing Air out of a can.
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Fucking wild to read the article. Oracle got pissy because regulations said you can't just shove datacenter electricity costs on people.
Imagine failing this hard at your job and keeping it.
And I know his job is to keep the stock price high.. but 28 percent growth over the last five years in tech is still failing at your job.
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I wonder if it's related at all to this ongoing trend ( How Money Works on YouTube). Tech Bros got sore about the post-epidemic culture at their companies: People wanted to work from home, and knew that their talent was important so they got bold asking for pay raises and benefits.
And the tech bros took this personally. So first came the RTO mandates (which got rid of some techs, specifically the best and brightest) and then came later layoffs, some of which were blamed on AI automation.
AI automation was never actually that much further along.
Anyway, they laid off too many people, to the point that the remaining workforce didn't know how to run the business and the tech. So they had to hire back some of the greybeards, and are still replacing lost positions with rookies fresh out of college.
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You say that like it wasn't the goal
To fund the rapid expansion, Oracle took aggressive efficiency measures and enacted a sweeping wave of layoffs. By the end of fiscal year 2026, the company's workforce was slashed by about 21,000 employees, a decline of roughly 13%, from 162,000 to 141,000 workers. The deep cuts followed an operational restructuring driven in part by the internal adoption of AI technologies.
If I read this new article right, they're just talking about the layoffs from ORCL's March/April 2026, which was their last fiscal year, which ended May 31 2026. I think this is just repeating old news. Anyone else read it that way?
As a result, Oracle is now required to provide cash collateral or a letter of credit in the astronomical sum of over $7 billion just to connect the building to the power grid, a setup whose ongoing maintenance will cost the company more than $100 million annually.
That seems to be what this article really has for news and that's really funny, IMO. Go get 'em, Wisconsin.
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Buying Time Warner seems poisoned for digital companies, or their owners.
Fire Larry and sell his stock and his yachts and you'll be in the black again.
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