this post was submitted on 25 Jul 2026
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(page 3) 35 comments
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[–] Kissaki@feddit.org 7 points 1 day ago* (last edited 1 day ago)

Sane regulation. You like to see it.

$7 billion required collateral. , $100 million annually, $15 billion

Oracle's argument of "this investment is worth $15 billion" is not only entirely besides the point, which the regulating government office rightfully refuses, but "'worth' in your state or city is entirely pointless if it incurs not that amount of local public gain but only public cost. It's a stupid, misleading argument.

I'm really interested in what that 21k employee loss mean in practice. In a hype-craze it's probably not sane restructuring and letting go of unneeded personal and inefficiencies, I assume.

[–] cyberpunk007@lemmy.ca 8 points 1 day ago (1 children)

I think I'm surprised they had that many employees

[–] Theoriginalthon@lemmy.world 2 points 1 day ago

When your KPI and bonus is based on how many people you can recruit what did they think was going to happen

[–] melsaskca@lemmy.ca 2 points 23 hours ago

Select MAX(Asshole) from OracleAssholes "WhiteTechBros"

[–] WolvenSpectre@lemmy.ca 4 points 1 day ago
[–] razen@lemmy.world 2 points 1 day ago
[–] liking625@lemmy.world 1 points 23 hours ago

Now they are literally forcing clients to their cloud I'd they want accessible support instead of draconian prices...

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