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Blue Moon

Blue Moon

@Rea_Walker

I AM a GREAT | lying on Twitter is a green flag | I am a very rich bitch

On site Katılım Ekim 2009
450 Takip Edilen1.1K Takipçiler
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Anish Moonka
Anish Moonka@anishmoonka·
Your alarm goes off at 6 AM. There's an email from "Oracle Leadership." You've never gotten a message from that sender before. It says your job is gone, today is your last day, and severance details will arrive by DocuSign. By the time you finish reading, your company laptop is already locked. This happened to up to 30,000 Oracle employees this morning. Oracle reported $17.2 billion in revenue last quarter, its best in 15 years. And it still fired nearly 1 in 5 of its people. The stock went up 6% today. Oracle owes over $108 billion. The company signed a $156 billion deal to build AI data centers over five years, mostly for OpenAI (the company behind ChatGPT). That requires buying roughly 3 million specialized computer chips. Two years ago, Oracle spent $6.9 billion a year on this kind of construction. This year it's $50 billion. The 30,000 people who got that email are funding the gap. Investment bank TD Cowen estimates the layoffs will free up $8 to $10 billion in cash flow, money going straight into chips and construction. Oracle filed a $2.1 billion restructuring plan with regulators in March, and nearly $1 billion had already been spent before the emails went out. Lenders are getting nervous. The cost to insure Oracle's debt against default has spiked to levels last seen during the 2009 financial crisis. Barclays downgraded Oracle's debt in November, warning the company is one step from "junk" status, the point where lenders consider you a serious default risk. Some banks have stopped lending to Oracle for these projects altogether. The gamble gets worse. CNBC reported on March 9 that OpenAI, Oracle's biggest customer for all of this, is already looking at newer, faster chips from Nvidia. Oracle ordered the current generation and spent billions building out a massive Texas facility. OpenAI may not fully expand into it. The chips improve faster than the buildings go up. Larry Ellison, Oracle's founder, owns 41% of the company. In September 2025, Oracle's stock hit $346, and Ellison briefly became the richest person alive at $393 billion. Today, the stock sits around $146. His fortune has dropped to roughly $201 billion in six months. Oracle is spending borrowed money to build data centers that could be outdated before they're finished, for a customer already shopping for newer equipment. 30,000 people woke up to a 6 AM email because that's what it costs to fund a $156 billion bet when your lenders are running out of patience.
New York Post@nypost

Oracle axes 30K jobs in massive layoff - notifying fired employees with 6 a.m. email trib.al/eTTc93b

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S.🎧
S.🎧@1ssve·
The longer I work in corporate, the more I realize …half of “leadership” is just scheduling meetings about problems they created
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Le rata depth gore.
Le rata depth gore.@Ketso28·
I will always stand by checking a man’s phone. Don’t let them convince you otherwise. SEARCH THAT PHONE TODAY!
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Blue Moon
Blue Moon@Rea_Walker·
@sweetfacedinero Mimi loving Heavenly but disliking Toya tells me everything I need to know. Jealous.
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𝑀𝚛𝚜. 𝒮𝚊𝚗𝚍𝚛𝚒𝚜𝚜 🐉🍉
𝑀𝚛𝚜. 𝒮𝚊𝚗𝚍𝚛𝚒𝚜𝚜 🐉🍉@sweetfacedinero·
Ngl I think Eugene realized that he wasn’t going to win. I say, Mimi and Toya BOTH need to unpack why they don’t vibe. And my question is, why tf can’t Mimi dislike Toya? She’s unlikable. It’s natural not to get along with everyone and there’s an issue there, for BOTH of them.
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Mandie
Mandie@Mandz_2·
@DawanaSky @Julius_S_Malema Until someone you love becomes a prostitute because of Nigerians, or turn to drugs. You and Juju will always speak from a point of privilege
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Tuki
Tuki@TukiFromKL·
🚨 Do you understand what Oracle just did.. they fired 30,000 people.. via 6 AM email.. while reporting a 95% increase in net income last quarter.. Oracle isn't a struggling company .. Oracle made MORE money than ever.. and still fired 30,000 people because they're spending $156 billion on AI data centres instead.. and Larry Ellison.. the guy who just fired 30,000 families.. is worth $200 billion.. the 3rd richest person on earth.. he owns an entire Hawaiian island.. Lanai.. 98% of it.. bought it for $300 million like it was a vacation home.. this is the same playbook every single time.. IBM fired 7,800 and replaced them with AI in 2023.. Amazon cut 27,000 the same year while reporting record revenue.. Atlassian cut thousands while profits climbed.. Google laid off 12,000 while sitting on $100 billion in cash.. they told you to learn to code.. you learned to code.. they told you to upskill.. you upskilled.. and then they replaced you with the thing you helped build and sent the termination letter before you woke up.. the company made record profits and decided the reward for that was firing the people who made it happen.
unusual_whales@unusual_whales

BREAKING: Oracle has reportedly begun layoffs, with 30,000 employees likely to be fired, per the Deccan Herald.

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Mamo M.
Mamo M.@BigMamo_·
I have a theory that men who cheat with alot of women all at once are fighting and concealing a homosexual identity. Having a hard time with accepting his true identity that's why he makes a point to convince himself that he's not gay by running through multiple women 😬
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Bonga
Bonga@_Bonga·
Companies that say its “difficult” to do business in South Africa, say so because this is what they want to do.
Hedgie@HedgieMarkets

🦔 Oracle laid off between 20,000 and 30,000 employees Tuesday morning, roughly 18% of its global workforce, via a single email sent at 6am EST with no prior warning. System access was revoked almost immediately after. The cuts are expected to free up $8-10 billion in cash flow. Oracle's stock has lost more than half its value since September 2025 and the company now carries over $124 billion in debt, up from $89 billion a year ago, with free cash flow running negative $10 billion last quarter. My Take Oracle posted a 95% jump in net income last quarter and still eliminated 18% of its workforce by email before most people finished their morning coffee. This is not a company in distress in the traditional sense. It's a company that made an enormous debt-funded bet on AI infrastructure and is now converting its workforce into cash flow to service that debt. We've covered Oracle's AI gamble for months. The $300 billion OpenAI deal through Stargate, $50 billion in capital expenditure this fiscal year, over $124 billion in total debt. Multiple US banks have pulled back from financing Oracle-linked data center projects. Bondholders have sued Oracle claiming it concealed how much additional debt the OpenAI deal would require. The credit default swap spread hit a three-year high earlier this year, meaning debt investors are genuinely nervous about getting paid back. The workers who got that 6am email built the products Oracle has monetized for decades. The bet that eliminated their jobs was made by people who were already paid regardless of how it turns out. That is the part of the AI infrastructure race that doesn't show up in the capex announcements. Hedgie🤗

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Thabiso M.
Thabiso M.@thabisomoyo__·
I have deep rooted hate for men who cheat.
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🌸
🌸@oddettem·
Same as a beautiful woman. You can’t expect her to have 1 man. 🥺🥺
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Stay Woke Renaissance
Stay Woke Renaissance@ConsciousnEnrag·
I really hate how these men let long faces ass Steve ramble on towards Eugene wo telling him to stfu. Y'all have been there with Eugene 12 years!! and nobody said anything. Cecil and Scott at least bc I don't expect anything else from the rest #Married2med
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Keşfet

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