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.
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.
The law requires corporations to have certain officers like a president. Oracle can't just fire their president and eliminate the position. They can still fire their president, but then they have to stick someone else into the slot. If I were Oracle's president, that requirement wouldn't make me feel any safer.
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.
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.
Statutory Officer? What's that and how do i become one?
The law requires corporations to have certain officers like a president. Oracle can't just fire their president and eliminate the position. They can still fire their president, but then they have to stick someone else into the slot. If I were Oracle's president, that requirement wouldn't make me feel any safer.