Thread regarding Oracle Corp. layoffs

Debt fever

As the following article concludes, Oracle has debt obligations around a quarter of a billion dollars.

What is the interest on that amount?
Does everything have to happen perfectly for 15 years to pay that off?
What is plan B?

https://finance.yahoo.com/markets/stocks/articles/oracle-debt-fever-only-prescription-140741343.html


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| 2 views | | 5 replies (last 1 day ago) | Reply
Post ID: @OP+1kv6rskm6

5 replies (most recent on top)

We are all getting canned that’s what it feels like

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Post ID: @dh+1kv6rskm6

@am real intelligence is getting hard to find...

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Post ID: @d3+1kv6rskm6

Oracle's 5% bond is on sale at a securities company in my country (not based in the USA)
So Oracle and bondholders are struggling to resell the bonds.

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Post ID: @be+1kv6rskm6

If you reject real intelligence, you will have to use artificial!
That way you don’t need people, just owners.

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Post ID: @am+1kv6rskm6

The interest is paid off with reduced head counts. That was the original plan of the layoff.
Now, the challenge is Oracle plans to acquire more debt in 2027. The employee count will fall drastically.

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Post ID: @a3+1kv6rskm6

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