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Tech giant Oracle cuts 21,000 jobs as it embraces "AI" (www.bbc.co.uk)

submitted 2 days ago by technocrit@lemmy.dbzer0.com to c/fuck_ai@lemmy.world

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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.

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[-] JoMiran@lemmy.ml 68 points 2 days ago* (last edited 2 days ago)

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.

[-] jambudz@lemmy.zip 1 points 1 day ago

Oracle is the gold standard for manufacturing PLM. They aren’t struggling.

[-] HobbitFoot@thelemmy.club 15 points 2 days ago

A lot of tech companies are using AI to justify firings because "we aren't developing anything new" isn't good to tell investors.

[-] Hawke@lemmy.world 11 points 2 days ago* (last edited 2 days ago)

They’re pivoting to AI because they always put up a façade of chasing fads.

Oracle 8 / 9 i for internet (à la iMac)
Oracle 10 / 11 g for grid (clustering)
Oracle 12 / 18 / 19 / 21 c for cloud
Oracle 23 / 26 ai for … slop, I guess.

Product is still the same thing underneath.

[-] JoMiran@lemmy.ml 4 points 2 days ago

Product is still the same thing underneath.

Truer words were never spoken.

[-] ThePowerOfGeek@lemmy.world 11 points 2 days ago

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.

[-] criss_cross@lemmy.world 2 points 1 day ago

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.

[-] blazeknave@lemmy.world 2 points 1 day ago

Early Salesforce user (2005) so I was preached the gospel that Benioff was the face to his old boss' heel 20 years ago.

[-] PragmaticOne@lemmy.world 55 points 2 days ago

Larry Ellison is a grade A plastic faced cunt.

[-] violentfart@lemmy.world 15 points 2 days ago

Naked mole rat cosplay

[-] DickFiasco@sh.itjust.works 10 points 2 days ago* (last edited 2 days ago)

Hey now, that's insulting to naked mole rats. Though I do see the resemblance.

[-] fizzle@quokk.au 21 points 2 days ago

Venture capital is drying up so they're using revenue to pay for the build out.

[-] wabafee@lemmy.world 2 points 1 day ago

They seriously need to change the term to Vulture capital.

[-] StillAlive@piefed.world 20 points 2 days ago

Larry Ellison used Oracle to finance the purchase of WB-Discovery.

I hope Oracle goes down the drain ASAP.

[-] Gonzako@lemmy.world 15 points 2 days ago

Hate to see ppl losing jobs, love to see tech giants making stupid decisions

[-] Malyca@lemmy.zip 6 points 1 day ago

Eventually they will need public trust again, do not forget what they are

[-] takeda@lemmy.dbzer0.com 4 points 1 day ago

The problem with them is that is hard to boycott them. Previously it was product for companies (which was also hated), now they seem to be primarily government contracts.

[-] Malyca@lemmy.zip 1 points 1 day ago

And who pays the government? That's the thing, they've forgotten they need that part too.

[-] HeyThisIsntTheYMCA@lemmy.world 2 points 1 day ago

made of delicious meat?

[-] Damage@feddit.it 8 points 2 days ago

That's a lot of evil to release upon the world

[-] Grandwolf319@sh.itjust.works 5 points 1 day ago

Anyone else feel like they are a little late to the party? It seems (hopefully) that the AI fad is slowing down, oracle isn’t the best at being on the bleeding edge

[-] Eric 2 points 1 day ago

Oracle has been building AI data centers for a while now

[-] Dojan@pawb.social 6 points 2 days ago

Man that really sucks for all the workers. Hope the company tanks entirely.

this post was submitted on 23 Jun 2026

212 points (100.0% liked)

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