Oracle's high debt ratio indicates that the company is unlikely to take on additional debt to fund its AI infrastructure plan, especially if it aims to maintain a high stock value. The latest round of layoffs is expected in the near furure, potentially affecting around 15,000 employees from their workforce.
It's worth noting that Broadcom has taken similar actture in 2024; they have no obligations to their employees. This situation seems to be just the beginning. Why would anyone want to work for a company that doesn’t provide raises? It’s better to upskill, stop complaining, and move on! This may just be the start of a larger trend.