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Oracle's 30k-Person Layoff Is a Preview of What's to Come

8 points by speckx

by thomascgalvin

0 subcomment

This is a preview of what's to come, but not in the way people think.
Oracle has dumped billions of dollars into AI, and planned to be the source of choice to build out AI data centers. They've taken on more debt in the past two years than many nation states.
These layoffs are entirely about cutting costs in order to manage this debt. It has nothing to do with human developers being made obsolete, or even increased developer productivity due to AI.
This is actually about investments in AI not paying dividends, and drastic cuts in personnel to keep the company solvent.

by quantified

1 subcomments

Every developer at Oracle knows that if their manager can replace them, they're gone. Every manager should realize that if their director can delete them, they will. Every director knows that if their senior director can remove them, they will. Only the board members and statutory officers are safe, everyone else that can be replaced by AI will be.