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[–] 26 points 2 months ago (7 children)

How can you lose over twenty thousand employees and still have a functioning business?

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  • [–] 24 points 2 months ago* (2 children)

    They can't. They will rehire/backfill a fraction of it back a year from now at lower salaries.

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  • [–] 9 points 2 months ago (3 children)

    This video might help:

    What does Oracle actually do?

    https://www.youtube.com/watch?v=KW80Yjib7RA

    TBH I still don't get it, no one I know would ever use their shitty overpriced garbage database but somehow apparently it's so entrenched in several megacorps that they pay megabucks to Oracle instead of simply moving away to a cheaper alternative

    Confuses the hell out of me

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  • [–] 7 points 2 months ago

    The problem is probably hidden in the "simply" part. A huge IT infrastructure built on one tech stack isn't easy to migrate to another one, it'd cost a lot and all those things that currently "just work" might stop working. And then you're on a new tech stack and who knows whether it'll work as well as Oracle has been so far? As long as Oracle keeps the lights on their existing customers will likely stick with them out of inertia.

    That won't necessarily get them new customers, though, and if those new customers instead pick some other tech stack they now face the same challenge trying to get them to come to Oracle. So we'll see how things work out for them in the long run.

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