News / ai-layoffs
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They Fired You to Pay for the Data Center
Read more . . . →Oracle made $3.7 billion last quarter. Profit up 27 percent. Then it emailed 30,000 people at six in the morning to tell them they were done — no manager, no warning, just a note from “Oracle Leadership” while the coffee was still brewing. The company isn’t broke. It’s the opposite of broke. It cut all those people to free up eight to ten billion a year, and that money isn’t going to you or to anyone who survived the round. It’s going into concrete and graphics cards. You got laid off so a data center could get built. That’s the...
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