Thread regarding Oracle Corp. layoffs

Oracle is a sinking ship

So many rounds of layoffs in just the last 12 months and zero strategic vision, nothing but cost-cutting bandaids. I've watched talented people walk and mediocre ones get promoted, absolutely no logic behind it. My job search started last week, and I'm not looking back.


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Post ID: @OP+1ky9g3j5h

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@b7 Did you actually read the announcement? It is not new revenue nor cloud. It is a consolidation of existing agreements and it saves the govt 441M. Why would that make any difference?

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Post ID: @dd+1ky9g3j5h

Despite $7 billion contract announcement, Oracle stock hits a new 52 week low

https://www.cnbc.com/2026/07/23/oracle-wins-10-year-pentagon-software-contract-worth-up-to-7-billion.html

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Post ID: @b7+1ky9g3j5h

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