this post was submitted on 06 Mar 2026
188 points (98.5% liked)

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188
Oracle plans thousands of job cuts as data center costs rise (www.reuters.com)
submitted 1 day ago by cantankerous_cashew@lemmy.world to c/technology@lemmy.world
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[–] boonhet@sopuli.xyz 14 points 13 hours ago

They also depreciate their GPUs over 7 years rather than the couple of years they're useful for so their books are hella cooked.

[–] db2@lemmy.world 88 points 1 day ago

Fuck Oracle.

[–] SnotFlickerman@lemmy.blahaj.zone 59 points 1 day ago* (last edited 8 hours ago) (2 children)

I don't usually say this but honestly if you are working at Oracle in 2026:

You deserve this. You're working for pure evil. Be thankful you can now maybe get a job that doesn't involve destroying humanity and democracy.

[–] baggachipz@sh.itjust.works 11 points 14 hours ago

Also in 2026

[–] Grandwolf319@sh.itjust.works 19 points 1 day ago (1 children)

Ideally yeah but what if big tech controls all the jobs cause they just keep acquiring other companies?

[–] SnotFlickerman@lemmy.blahaj.zone 12 points 1 day ago

yeah but what if

then the labor class better fucking get their ass in gear and start fighting for their rights again.

[–] mannycalavera@feddit.uk 28 points 1 day ago (2 children)

Daddy needs money to buy movie studio

[–] Knock_Knock_Lemmy_In@lemmy.world 2 points 6 hours ago

Daddy's son wants a movie studio.

[–] roofuskit@lemmy.world 6 points 1 day ago

It's not the movie studio they really care about. It's CNN for one.

[–] panda_abyss@lemmy.ca 8 points 1 day ago (1 children)

🎈🪡

[–] SpaceNoodle@lemmy.world 8 points 1 day ago (1 children)

What were thousands of people doing there? How much meat does it take to run a patent troll operation?

[–] surewhynotlem@lemmy.world 4 points 11 hours ago (1 children)

Oracle was trying to compete with GCP and AWS with OCI. Oracle cloud. This tells me they're going to shutter that.

[–] Trail@lemmy.world 1 points 9 hours ago (1 children)

Oh I fucking hope they do.

Tomorrow I have to do "cloud maintenance" on a Sunday because the fucking OCI decided that some production databases are "unstable" and need to be relocated. The same databases that a while ago could not enable data guards and failed to restore from backups.

[–] surewhynotlem@lemmy.world 1 points 6 hours ago

Yeah, that's about the level of support I'd expect from Oracle.

[–] ramielrowe@lemmy.world 5 points 1 day ago

I'm sure that's totally going to help OCI's reliability. And Ashburn won't die for 3 straight days again, like it did this week.

[–] mrmaplebar@fedia.io 5 points 1 day ago

POP goes the weasel.