Oracle shed about 21,000 roles globally in the last year as the US technology giant reshapes its business around artificial intelligence (AI), the firm’s latest annual report shows.
Oracle shed about 21,000 roles globally in the last year as the US technology giant reshapes its business around artificial intelligence (AI), the firm’s latest annual report shows.
To anyone just now realizing that Larry Ellison is the biggest piece of shit in tech, I ask…where have you been for the past three decades?
EDIT: BTW in this case, it is not AI’s fault. Oracle’s cloud is a flop. AWS and Azure (and even Google Coud Services) do the bulk of the business, while Oracle just flops about. They are pivoting to AI because they have to do something with all those datacenters, but let’s be clear. There is no viable Oracle AI to speak of.
Oracle is the gold standard for manufacturing PLM. They aren’t struggling.
A lot of tech companies are using AI to justify firings because “we aren’t developing anything new” isn’t good to tell investors.
They’re pivoting to AI because they always put up a façade of chasing fads.
Product is still the same thing underneath.
Truer words were never spoken.
I’m surprised in the face of their disastrous cloud strategy they haven’t done the usual Oracle thing: buy out a smaller competitor with much better architecture and then completely ruin it with their own spaghetti code and horrible tooling.
Problem is most competitors are basically wrappers around AWS. It’s really hard to compete with the big ones because you need to build a massive infrastructure footprint to compete.
Not everyone has 3 redundant data centers per available region to compete hardware wise.
Ah, I see you’ve used the new
pkg, designed by a company who sells RPM support and was unable to see it as one of many so, so much better ideas than new-pkg.Early Salesforce user (2005) so I was preached the gospel that Benioff was the face to his old boss’ heel 20 years ago.