Brdsnest Lemmy
  • Communities
  • Create Post
  • Create Community
  • heart
    Support Lemmy
  • search
    Search
  • Login
  • Sign Up
Chris Remington@beehaw.orgM to Technology@beehaw.org · 1 day ago

Oracle fired up to 30,000 workers via email after a 95% profit surge. Tech companies are cutting almost 1,000 jobs/day

finance.yahoo.com

external-link
message-square
25
fedilink
236
external-link

Oracle fired up to 30,000 workers via email after a 95% profit surge. Tech companies are cutting almost 1,000 jobs/day

finance.yahoo.com

Chris Remington@beehaw.orgM to Technology@beehaw.org · 1 day ago
message-square
25
fedilink
It’s unclear exactly how many employees lost their jobs, with reports ranging from 10,000 to 30,000. The latter would represent almost 19% of the company’s 162,000 workers.
  • P03 Locke@lemmy.dbzer0.com
    link
    fedilink
    English
    arrow-up
    35
    ·
    23 hours ago

    Microsoft won’t, but Oracle… I’m having trouble figuring out what Oracle sells nowadays that is worth paying money for. Are there really that many companies still hooked on Oracle’s DB?

    • Blake (he/him) @beehaw.org
      link
      fedilink
      English
      arrow-up
      19
      ·
      19 hours ago

      Oracle owns Cerner, the largest IT medical provider. No major competitor either, since they’re multinational and most competitors are single country or regional

      • Cass.Forest@beehaw.org
        link
        fedilink
        English
        arrow-up
        8
        ·
        18 hours ago

        Correct me if I’m wrong but don’t they also own TikTok in the US now?

    • Midnitte@beehaw.org
      link
      fedilink
      English
      arrow-up
      16
      ·
      21 hours ago

      Microsoft uses Oracle, to give you a sense of scale.

      • Hirom@beehaw.org
        link
        fedilink
        arrow-up
        3
        ·
        10 hours ago

        Oracle needs a good dose of adversarial interoperability.

      • redsand@infosec.pub
        link
        fedilink
        arrow-up
        9
        ·
        17 hours ago

        I read this as Microslop can’t operate postgres

        • msage@programming.dev
          link
          fedilink
          arrow-up
          2
          ·
          9 hours ago

          M$ actually bought Citus Data, so they are embracing Pgsql.

        • TerabyteRex@piefed.social
          link
          fedilink
          English
          arrow-up
          11
          ·
          edit-2
          17 hours ago

          Ms does use postgres. In fact in was a dev on the postgres team at microsoft that found the russian malware in XZ that almost got included in red hat lts and compromised the entire internet

          • redsand@infosec.pub
            link
            fedilink
            arrow-up
            1
            ·
            17 minutes ago

            I would be even more shocked to learn that person still works there. Crazy world time to check LinkedIn

          • punksnotdead@slrpnk.net
            link
            fedilink
            English
            arrow-up
            4
            ·
            4 hours ago

            There’s no conclusive evidence it was Russian. It could just as likely be American, Chinese, Israeli, French, etc

            https://en.wikipedia.org/wiki/XZ_Utils_backdoor

    • MagnificentSteiner@lemmy.zip
      link
      fedilink
      English
      arrow-up
      4
      ·
      21 hours ago

      There are a lot of big companies using Hyperion Financial Management, Hyperion Planning and other EPM stuff.

      • P03 Locke@lemmy.dbzer0.com
        link
        fedilink
        English
        arrow-up
        2
        ·
        16 hours ago

        I can’t help but think of the Borderlands corpos, now.

Technology@beehaw.org

technology@beehaw.org

Subscribe from Remote Instance

Create a post
You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: !technology@beehaw.org

A nice place to discuss rumors, happenings, innovations, and challenges in the technology sphere. We also welcome discussions on the intersections of technology and society. If it’s technological news or discussion of technology, it probably belongs here.

Remember the overriding ethos on Beehaw: Be(e) Nice. Each user you encounter here is a person, and should be treated with kindness (even if they’re wrong, or use a Linux distro you don’t like). Personal attacks will not be tolerated.

Subcommunities on Beehaw:

  • Free and Open Source Software
  • Programming
  • Operating Systems

This community’s icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.

Visibility: Public
globe

This community can be federated to other instances and be posted/commented in by their users.

  • 365 users / day
  • 1.3K users / week
  • 2.67K users / month
  • 6.58K users / 6 months
  • 1 local subscriber
  • 42.6K subscribers
  • 5.34K Posts
  • 95.2K Comments
  • Modlog
  • mods:
  • alyaza [they/she]@beehaw.org
  • TheRtRevKaiser@beehaw.org
  • gyrfalcon@beehaw.org
  • rs5th@beehaw.org
  • coldredlight@beehaw.org
  • Leigh@beehaw.org
  • TheRtRevKaiser@kbin.social
  • Chris Remington@beehaw.org
  • BE: 0.19.5
  • Modlog
  • Instances
  • Docs
  • Code
  • join-lemmy.org