whyh why why
10 replies (most recent on top)
Oracle needs to fire their useless Executives and senior management. They are uneducated 10 graders without any solid leadership skills but getting paid in millions to ruin the company
Ummmmm, because it's a loser stock?
@a8 Oracle has likely committed too much to AI infra build out. They won't be able to shed enough employees to fund the capex. The roi on the AI build out is too far out if it ever materializes. Huge gamble but if it does somehow happen it could be a huge profit. Kind of like betting your house on lottery tickets.
Should they layoff another 30k in April/May ?
The corporate forecast remains the same. Down.
Oracle's 5 year CDS has also risen to their highest since the GFC. It will need to fire more to fund its capex. No one wants to lend to them and further stock dilution is also in the cards.
They know layoffs will only have a marginal effect. Oracle's long-term debt problems have not gone away.
@a1 yeah has been publicly known for a long time. It is not news at all.
@OP you answered your question.
Investors probably already saw this coming and factored it in.