They will treat you like an onion. They will cut you, peel you and throw you away like the outer skin, and you will be left with tears in your eyes!
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Today is LE 81th birthday ; these layoffs are his birthday gift; he is happy to save these billions and reinvest them in AI data centers, infrastructure and collect the dividends
"So, in your analogy, onions cry?"
Or join the Union!
Don't forget to fill in the employee survey. Also you will hear - "Employees are our pillars".
Oracle is no different than Microsoft, Meta etc… of the world; in this AI gold rush to be the first, they must invest billions in AI data centers, AI infrastructure; for that, they must remove many thousands of high paying jobs; also many of these jobs can be somehow replaced by AI, especially the ones overseas that don’t require innovation; this strategy is coming from the very top management LE, SC. It’s the only way to stay relevant in tech moving forward
So, in your analogy, onions cry?
While they enjoy a meal!