Thread regarding Oracle Corp. layoffs

There’s no grand strategy behind these layoffs

It’s just about money, and more money. Which, in reality, means we’ve been disproportionately shedding talent.


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Post ID: @OP+1k481fy5j

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can confirm it's all based on salaries/sev payout and then performance. i've been involved in communication planning for RIFs as a company of mine was acquired by oracle... they care about getting the work DONE not done well or as good as it can be

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Post ID: @cw+1k481fy5j

Perhaps - Data centers cost money, salaries are one of the highest costs for a company.
Reduce labor costs by getting rid of the labor, use funds for assets that do not require salaries, benefits, RSU's etc

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Post ID: @aw+1k481fy5j

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