Oracle under pressure from more than $100 billion in debt and massive layoffs

    https://fortune.com/2026/03/09/oracle-earnings-layoffs-debt-cloud/

    Posted by Federal-Trip4067

    28 Comments

    1. SECdeezTrades on

      Blackrock CEO was spotted in the senate today.

      Following the timeline from last time, by Friday there will be breadlines.

    2. Crazy_Donkies on

      Ellison wins no matter what. Pay it all off, he wins. Declares bankruptcy and government bails him out or not, he wins. It’s bullshit but skelator doesn’t care.

    3. The fact that a company named “Oracle” couldn’t see this coming is, just…*chef’s kiss*.

    4. I worked for a major utility and the CIO requested all departments to abandon Oracle because of some licensing based on CPU cores. Unfortunately for some departments it was very difficult to transition. This was 10+ years ago.

      Oracle does not have a lot of friends in the IT departments of big companies.

    5. So what you’re saying Oracle, a horrible company, might finally die because its largest shareholder got a fascism boner?

    6. Ok_Environment_3618 on

      What a turd company. They gave a humongous fake-ass earnings guidance last year to pump their stock. Shit ass company that doesn’t know how to manage finances. Deserve to be under 100.

    7. CaptainDouchington on

      Maybe we should have rules that stop these people shuffling debt around and actually…suffer the losses they create…

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