He has eradicated zero diseases, at least in part because some governments won't deal with him, because you have to agree to strong IP law protection for pharmaceutical companies in order to get medical aid. Markets ... [+] need to keep in mind that Fauci is not the last word on public health, and he is aware of that. Neither is spending billions on stock buy backs to keep the price up. It'd be showering the galaxy with f***ing lawyers too. Open Enrollment. His scenarios are almost always worst-case scenarios and not base-case scenarios, even though they are often trumpeted as being the baseline. Well, we did know how to stop it back when we weren't in hock for $22 Trillion. All of that $120M is plowed right back into the economy at the lowest level. There may be more comments in this discussion. KEY POINTS. Let me introduce you to Larry Ellison's favorite management technique "Environment of Fear" where everyone stabs each other in the back in the hopes that they're not the next one to be shown out the door. Oracle is firing numerous employees, mostly from its hardware SPARC division. I don’t think it would be physically possible to clear it out and “return company assets” in anything close to 30 minutes. ... USA, Germany and Japan. They like to trumpet his worst-case scenarios. The figure represents roughly 1 percent of Oracle’s worldwide workforce. Maybe Larry needs to gas up the yacht. A competitor of Oracle, is that like the IRS? for the last one. “I'd make one more point for the people who have been around a little while, the Great Depression started when the stock market crashed, but there was a Republican conservative president then named Herbert Hoover and Herbert Hoover said, we don't have to do anything. Plus any decent engineering staff left, will be looking for work now, especially in the cloud space which is in huge demand. I've been in far worse technical layoffs - one company I worked for (that eventually fired me as well) had massive layoffs filling auditoriums in multiple waves - roughly 40%, followed by 30% - when the tech bubble broke in 2001, Then they rebuilt and had a 30% layoff again in 2008. The managers prefer foreigners, whom the lawyers at Oracle help to get H-1B visas. Brings tears to one's dry eyes . Check out the Layoffs.fyi Tracker for a complete list of all tech layoffs during the pandemic. Or do they compete in a different area than brutally forcing companies to transfer money? Yeah, being part of a Fortune 100 company for some years, I can attest they do this regularly. On the other hand, offering some severance and help finding the next job ... Oracle is offering severance, and anyone who can't find a new job in today's economy has no pulse. They get locked in to the software, not the cost of it. they're handling it absolutely in the worst possible way. Engineers who work for companies like Oracle and Facebook should understand that their salary literally comes from doing evil in the world. That means more stimulus, something the two parties will not agree on this time as the Democrats are calling for changes to immigration laws and other issues the Republicans deem unwarranted in fighting a pandemic. If a product line is being ended, it is silly to keep people around with no useful work to do. The Fed is backstopping companies to some extent, something that did not exist in the Great Depression. According to a report [usatoday.com] by USA Today, Oracle has a history of discriminating against job applicants who are American citizens. Hmmm....I seem to recall a lot of bluster about the last tax cut paying for itself. Offering early retirement is similar, good people leave, and they are stuck with the dregs. After months of anecdotal reports and anticipation of a much-larger workforce reduction at the software giant, Oracle disclosed a … Er, wait... Bill Gates work, while beneficial to humanity. And if you paid attention to how they handled the lay-off announcements, it is an excellent reason never to interview at Oracle. . They could have paid a cut of the money to attacking the tea party. About 1.3M more people likely filed for unemployment last week, economists predict pushing the measure of total layoffs in the pandemic to 45.5M. What seems to be the difference is they're handling it absolutely in the worst possible way, for no reason kicking people out on the spot instead of relying on attrition, early retirements or at least providing a reasonable heads-up to those affected. A few hundred is hardly a significant number across a large organization like Oracle, my own company (a competitor) is cutting way more than that. ’s Joe Madison Show this morning. Feck the people who think CS jobs belong anywhere near b, Bill Gates work, while beneficial to humanity, doesn't create a whole lot of jobs. End game for Oracle is to only employ lawyers and salesmen. This video will cover the basics of how to use your HSA, and how you can get the most out of this account. Let the private sector work this out. Point it at m.slashdot.org and keep reading! Unemployed for 1 hour. Since 2011, I focus on business and investing in the big emerging markets exclusively for Forbes. Government. You sound strangely familliar. This is much harder than swapping Linux for Solaris. Search for: accenture layoffs 2020 usa. Corporate Oracle operates like a stodgy old and short sited company compared to their rivals. In my case I survived the worst of it but my salary bubbled to the top and I got caught in a 15% cost cutting layoff along with several of the best engineers in the company. It's all the rage among big companies and Oracle never had any new ideas of their own. [geekwire.com] Think about it: who in the world could confront Bill Gates over any substantive Microsoft issue (for example, CEO succession) without being summarily evicted from any relationship with Microsoft? Oracle layoffs will impact roughly 1,300 employees across Europe, according to The Irish Times. It avoids one foul-mouthed employee to say things that could otherwise be construed as being a corporate direction. There's no better place to jump-start your career than Oracle. Otherwise the good people leave and you're stuck with people you don't want. 12.00 noon, working and the new place. Explore our range of programs for students and graduates. It's usually about optimisation of teams or product direction. . Bill Gates started with BASIC on paper tape, and if your tape was bad and broke he wouldn't replace it. 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