I'm getting fed up with this. Being unemployed and hearing this kind of news makes me want to work on a farm or choose plumbing work like Jensen said.
https://www.bloomberg.com/news/articles/2026-03-05/oracle-layoffs-to-impact-thousands-in-ai-cash-crunch?embedded-checkout=true
Posted by Ok_Environment_3618
26 Comments
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Cash Crunch? That was quick
Daddy needs to pay for WB.
I thought these tech companies kept saying that AI would bring more jobs. Also, he now needs to fund his son’s purchase of WBD, so I hope the shares tank even more.
Larry has to acquire warner brothers soon
Needs more cash
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Oracle is such a shite ERP too. My company had to layer Anaplan over it to do our budgeting.
Between Oracle and Paramount the Ellison’s are going to layoff a lot of people.
Who could have seen this coming?
/s
Or should we say the WBD buyout is taking its toll on daddy’s empire.
Better lede: “Old Rich man cuts thousands of jobs because he needs money to pay his debt and a new toy for son.”
Funny thing about non tech jobs, everyone is looking at them right now. Plus side, pretty soon we will all be unemployed.
Truly these tech ceos are leading us to a utopia that will defy imagination. Evidently the singularity is Larry Ellisons pimply butthole.
All the while they continue to expand their operations in the Philippines and India
they’re desperate lmao. keep shorting this garbage
So calls it is
That WBD merger needs to repayed.
LOL – Skynet needs to crush your spirits before destroying you…
Hate to see anyone lose their jobs but my friends who worked for Oracle made a fck ton of money and did absolutely nothing 🤦♂️
*Outsourced Dev Boom
But the good news is the guy with most shares wants a movie company🤷♂️
Tens of thousands of procurement officials in companies all over the world definitely aren’t engaging in any schadenfreude right now. Definitely not
I left my tech job to be a SAHM for a little while. I’m straight up looking into farm work and/horticulture now. I’m starting a seasonal gig soon and if I like that I’m going to try to pivot to that industry year round. I’m just fed up at this point.
Edit: Downvoted for telling the honest truth but you should see my LinkedIn, it’s a graveyard of AI sacrifices.
He probably needs more money to buy the rest of the internet and television that he doesn’t own yet.
WBD cash crunch
But they pay to be on that sweet f1 car