Hahahahahahaha! inhale hahahahahaha!
this post was submitted on 07 Mar 2026
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I hope oracle tanks and takes Ellison with it
lol
It's happening!
(I might make a meme video featuring Bob Ross smiling in front of a nice greenery, while some nice music playing.)
This particular source seems sketchy, but the broader context supports the core of this story.
There was a report in January from TD Cowen that Oracle needed to free up cash as banks tightened up lending for data center deals, and that certain projects were on hold and in jeopardy of being canceled. That same report projected that Oracle might lay off 20,000 to 30,000 workers.
Then, just this last Friday, Bloomber reported that Oracle and OpenAI canceled their plans to expand their flagship data center in Texas as part of their $500 billion "Stargate" initiative. Here's the Reuters article describing it at a high level, because the original report is paywalled.
So everyone is looking back at that January report and seeing the recent data center news as confirmation that Oracle wants to free up cash by laying off staff.
Finally some good news.(Not for the late offs)
Yes, clearly it is the human staff that needs to be cut from the budget here. Fucking imbeciles.
It'll be though for the job market to reabsorb those people. There's only so many positions for evil henchmen.
Lawyers are always in demand!
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Will this help lower ram prices?
I called it a year or two ahead of time. Oracle will get bought by the federal government. Larry already has the fix in.