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dalton99a

(94,157 posts)
Thu Apr 2, 2026, 09:49 AM 2 hrs ago

Larry Ellison's Oracle lays off up to 30,000 staff with 6am email

https://www.the-independent.com/tech/oracle-layoff-ai-data-centre-b2950165.html

Oracle lays off up to 30,000 staff with 6am email
Laid off workers were informed of their job status in early morning email
Vishwam Sankaran
Wednesday 01 April 2026 10:31 EDT

Tech giant Oracle has laid off thousands of its workforce in massive job cuts that could reportedly impact 30,000 employees globally amid the company’s push to fund more artificial intelligence infrastructure.

Employees in the U.S., India, Canada, Mexico, and other countries began receiving job termination emails from “Oracle Leadership” at about 6 am local time Tuesday, sparking what could be the largest layoff in the company’s history, Business Insider first reported.

About 12,000 of the company’s employees in India have been laid off, according to local news reports.

Oracle’s termination emails to its laid-off staff cited “broader organisational change” in what is widely seen as a reference to the tech giant’s recent push to build more AI data centres.

...
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WSHazel

(760 posts)
1. 1 of 2 things are going to happen
Thu Apr 2, 2026, 09:54 AM
2 hrs ago

1) The world is going to realize that stringing processers together to increase power to better plagiarize is not really AI, and they will move on to other technologies.

or

2) A few tweaks in the algorithms will make the software significantly more efficient, even if AI is effectively just a search engine.

Either way, the demand for data centers has about a 90%+ chance of collapsing within the next 12-24 months. Why would anyone go "all in" on providing processing power?

nitpicked

(1,842 posts)
11. Or
Thu Apr 2, 2026, 10:45 AM
1 hr ago

Over the long run, water issues could limit the functioning of data centers.

(Note I didn't say this was before the data centers were built...)

newdeal2

(5,421 posts)
3. IIRC they are in trouble
Thu Apr 2, 2026, 10:02 AM
2 hrs ago

They are trying to finance all of this infrastructure themselves through debt.

haele

(15,405 posts)
17. Ellison forgot what made Oracle a good, reliable company -
Thu Apr 2, 2026, 11:54 AM
15 min ago

And began concentrating on the money and the clique instead of the sustainability of his business and what his customers needed.

The customer is still the backbone of every business, no matter how you define what your customer base is.

If you have to force a "new" product on the customer, that product is just as much a failure as a product that went obsolete and no one - not even third world and technologically backwards populations - can adapt and use anymore.
Like, I've been onboard with Pixel phones as they started out as "clean" Android builds - and I always cool with old Google -but
I didn't really like the algorithms they started pushing on people "for the ease and the experience" - when they could have just improved filtering and user controls - and I really hate the AI they put on that keeps getting in between me and what I am using my smart phone for, especially since there's a lot of work and coordinated navigation tasks I do on my phone that don't need an AI popping up like a friendly 6 year old wanting a cookie for offering totally out of context help.
Especially since I have to keep turning it off whenever there's an Andriod system update.

Stop keep throwing money on products your customer is just going to keep walking away.

After all, Apple and Nokia/Motorola didn't have to hang out on street corners and storefronts to physically force the average person to accept and buy smartphones, did they?



Initech

(108,784 posts)
13. Larry Ellison bet against the house by sucking up to the fucking asshole.
Thu Apr 2, 2026, 11:01 AM
1 hr ago

And well, you know the old saying - the house always wins.

The Revolution

(897 posts)
8. The fact that a company can lay off tens of thousands
Thu Apr 2, 2026, 10:18 AM
1 hr ago

of workers tells me that company was probably allowed to grow too big in the first place. I mean, that's an entire city, how do you even do that logistically?

Maybe trust-busting and making sure no company is "to big to fail" should be a top priority for us?

in2herbs

(4,396 posts)
10. Appears that he's a little cash strapped after Saudi decided not to fund his purchase of merger. This
Thu Apr 2, 2026, 10:25 AM
1 hr ago

just proves that the rich aren't as rich as they'd like us to think they are.

A drop of 30,000 employees is going to affect productivity and that will affect the company's ability to service their clients. Could this be the beginning of the end for Oracle?? Let us all pray.

SWBTATTReg

(26,259 posts)
14. I suspect that a lot of these people will find jobs as Oracle DB administrators, or the like (supporting Oracle-related
Thu Apr 2, 2026, 11:23 AM
46 min ago

functions) at non-Oracle companies. The older, more senior persons, might have a chance to retire out early.

kimbutgar

(27,250 posts)
16. I'm not shocked he over leveraged his company with his purchase of cbs and Warner bros media
Thu Apr 2, 2026, 11:54 AM
15 min ago

I predict he will be selling one of them before the year is out.

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