Layoffs never stop. Yes, the next huge round might be coming in December, but ask around, and you'll see that cuts are happening every day. They're just focused on a few people here and there, and it doesn't get as advertised as the big rounds... — read more
They will keep the Bloated management layers and fire the people who actually do the ground work jobs.
It's the end of Oracle. if they think Ai will save them, it's too late now.
At what point do severence packages begin to degrade?
Regarding US employees, as we approach financial insolvency, at what point does management look at reducing severence payouts in order to further cut expenses? Obviously, once in Chapter 11, all severance bets are off. But how bad do things have to... — read more
So December?
That’s the consensus on the next round?
OCI margin will sink the ship…
Oracle’s AI bet may hinge on two numbers investors aren’t focusing on enough: OCI margin and how much cost Oracle can strip out of the legacy business. Interest alone is running about $5.7B a year, but the ~21,000-person workforce reduction could... — read more
The con that Scam Altman put on Larry must have been something very special
After all, I always considered Larry to be the king of vaporware sales. He's been doing that since writing DB software for his very first government customers. Nobody has more experience selling vapor than Larry and yet, somehow Scam's pitch passed... — read more
Time to talk seriously about December RIF again
All of Oracle's financial woes have distracted me from the other elephant in the room, the purported December layoff. Anybody remember what Oracle's remaining FY27 restructuring budget is?
OMG, ORCL down another $6 today!
OMG where's the bottom?? December RIF looking more likely every day.
They are asking remaining staff to do the work of the laid off workers and ...
Let's talk about it.
Even More Bad News: AI Financiers Backing Off (Axios article & link)
https://www.axios.com/2026/10/16/wall-street-limit-ai-spending-debt Wall Street appears to be hitting its limit on AI, and financiers are starting to say the quiet part out loud: All of this AI spending doesn't look like it can pay off, at least not... — read more
OCI layoffs and flattening or hiring and promotions
On LinkedIn, I see many OCI job opening posts. And I see many familiar managers getting promoted to higher roles. That doesn't look like the organization's shrinkage and flattening. From outside it looks like a steady OCI growth. Which sounds... — read more
VP paranoid about getting laid off
My life has become a he-l. The VP is micromanaging every minute of my life and behaving I am responsible to ensure he does not get laid off and lose all the RSU he has accumulated in millions.
Schadenfreude
I have to admit, I'm really enjoying watching Oracle go down the drain. Don't get me wrong, I feel sorry for the employees who are still there. But as for this parasitic corporation and the leadership itself?... Bring the pain! More popcorn! 🍿
We're traveling towards $100
And it'll happen sooner than you think. Mark my words.
China is about to announce new AI models that shake OpenAI again
Soon another Deepseek moment from China is about to rock OpenAI's bet on expensive datacenters. This could be what does Oracle in. Uh oh ;)
No worries Clay sez it's all good!
Clay Magouyrk, the company's co-CEO, told the audience at Oracle's AI World conference in Las Vegas that OpenAI can "of course" cover its payments, citing ChatGPT's 800 million weekly active users as evidence of OpenAI's own growth. That's a... — read more
You do realize there's no way out of this for Oracle?
Right? Too much debt, too much reliance on data centers, too much of being used to fulfil the dreams of a nepo-baby, and very little of doing what we're actually good at. This company has seen its best days and is never going back to those times. And... — read more
H1b in Oracle - Salary Hikes
H1b's are given salary hike to match new regulations.
CoreWeave collapses after Gartner predicts 80% of neoclouds will evaporate by 2030 (link)
Layoffs due to AI? We ain't seen nothing yet! https://seekingalpha.com/news/4653029-coreweave-collapses-after-gartner-predicts-80-percent-of-neoclouds-will-evaporate-by-2030
CoreWeave's Distressed Bonds Signal the AI Bubble Is Popping (link). Oracle will follow suit
Sounds exactly like Oracle, doesn't it? CoreWeave carries more than $50 billion in debt outstanding as of the end of June, after raising more than $30 billion in the debt markets this year alone. That is leverage piled on leverage, built on the... — read more
This ia what is happening to Oracle
Two of the industry's most over-leveraged hyperscalers, CRWV and ORCL. Everything you need to calculate Larry's near term interest payments is here: https://www.cnbc.com/2026/10/14/coreweave-stock-bond-yields-ai-debt.html
Hmmm...
https://shipordie.club/roast/startup?url=oracle.com
Who is the executive VP who dumped shares?
Expect to see more of this https://au.investing.com/news/stock-market-news/why-is-oracle-stock-sliding-today-93CH-4690495
Bad news continues to drop for ORCL
Clay's quote is hilarious. https://startupfortune.com/sps-downgrade-leaves-oracle-financing-openais-bet-years-before-it-pays-off/
Any Oracle employee who is "just waiting for the package" is running out of time
Anyone who still does not have an exit strategy, or who isn't actively working on a career/skill/job change, is just begging to get their butt booted to the sidewalk without severance! The bad news continues to roll in wrt Oracle's finances and... — read more
Anyone had a lawyer write a demand letter?
If you were laid off at any time did you have a lawyer write a demand letter asking for additional compensation? I am curious how this went? Thanks!
Oracle: where this is heading
Here's how I see the next two years playing out. It starts with a Q4 earnings miss. The stock drops. Then the data center timelines slip, and it drops again. Neither hit is fatal on its own, but together they shake the confidence the whole story... — read more
What a waste of time
I finally went to HR about my bully of a manager, and wow, what a waste of time. It went exactly how you'd guess. I laid out everything, and they just nodded along like they'd heard it all before. Turns out my manager had already gotten to them first... — read more
Are h1bs really needed?
Now that AI is available
Focal – Raises, Bonuses & RSU Grants
I'm guessing focal is happening now. Do you know if there will be any raises, bonuses, or RSU grants this year? If so, what are they looking like?
More bad news
https://finance.yahoo.com/technology/ai/articles/oracle-orcl-faces-ai-balance-131348705.html
How's this week looking?
More cuts or can we relax at least for a single week?
Oracle IDC Layoffs: IC4 vs IC5 Severance – Is IC4 Uncapped and IC5 Capped at 12 Months?
Can anyone affected by the recent Oracle IDC layoffs (especially IC4 and IC5 employees) clarify the actual severance package? Based on recent discussions, I understand: IC4: Part A includes 15 days' salary per completed year of service. -... — read more
What business unit abused H1B visa most?
Put your answer in the comments
I f'ing hate this company
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