J Vieira

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J Vieira

J Vieira

@jayvee1964

The Last DJ on Tom Petty 📻

Katılım Ağustos 2015
221 Takip Edilen133 Takipçiler
J Vieira
J Vieira@jayvee1964·
@RealRobReinhart No player should get more than the nba minimum of $1.27M and only the best players in the portal would get that and everyone falls in line below that. That should be the cap.
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Rob Reinhart
Rob Reinhart@RealRobReinhart·
#BREAKING: USF transfer Wes Ennis is committing to Providence, per sources. One of the highest ranked transfer prospect, the 6’2 guard will follow Bryan Hodsgon up north. A massive get for the Friars.
Rob Reinhart tweet media
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Peter Girnus 🦅
Peter Girnus 🦅@gothburz·
I am the Senior Vice President of Human Resources at Oracle Corporation. Last Tuesday, I sent an email to 30,000 people at 6 AM. Yesterday morning, I onboarded 1 person at $950,000 a year. Both were my responsibility. Both were executed flawlessly. The email said: "After careful consideration of Oracle's current business needs, we have made the decision to eliminate your role as part of a broader organizational change. As a result, today is your last working day." I signed it "Oracle Leadership." Not my name. Not the co-CEOs' names. Not anyone's name. Leadership. Leadership is a signature that cannot be fired. At 6:01 AM, our infrastructure team disabled 30,000 badges. Revoked 30,000 VPN tokens. Locked 30,000 laptops. Wiped 30,000 voicemails. Suspended 30,000 email accounts. By 6:04 AM, 30,000 people were staring at a login screen that would never accept their password again. The email reminded them they were "prohibited from downloading, copying, or retaining any Oracle confidential information." 3 people called the HR hotline before 6:15. 2 asked if the email was real. 1 asked if she could retrieve a photo of her daughter from her desktop. I directed all 3 to the separation portal. That's data security. I've managed 11 separation events. This was the cleanest. 30,000 endpoints terminated in under 4 minutes. I sent the email from a template in PeopleSoft called TERM_MASS_COMM_v4. The v4 is important. Version 1 had a paragraph that said "we value your contributions." Version 2 shortened it to a sentence. Version 3 shortened it to "thank you." Version 4 removed it entirely. Legal flagged it in 2024. You cannot say you valued something you are discarding at 6 AM. Liability exposure. That's risk management. The co-CEOs approved the plan in 11 minutes. I timed it. I always time approvals. Clay Magouyrk and Mike Sicilia. They received $250 million and $100 million in stock option grants when they took the roles in September. They asked about the WARN Act filing timeline. They asked about the restructuring charge projection. They did not ask how the employees would be notified. They did not ask when. That's executive alignment. In January, TD Cowen published an analyst note. It said cutting 20,000 to 30,000 employees would generate $8 to $10 billion in incremental free cash flow. We needed that cash. Our AI data center capital expenditures are projected at $50 billion this fiscal year. We had a $20 billion shortfall. The 30,000 people were the shortfall. I don't call it that in the board deck. Slide 14 has a waterfall chart. The left column is labeled "Current Headcount Cost." The right column is labeled "Redeployable Capital." The 30,000 people are the bridge between the 2 columns. They are a blue arrow. Calibri 11pt. That's strategic planning. 1 day before the email, on Monday, our 5-year credit default swaps hit 198.6 basis points. That is the highest level in Oracle's history. Higher than December 2008. Higher than the financial crisis itself. The market is pricing our debt at levels not seen since Lehman Brothers still had a lobby. We carry $124.7 billion in debt on the books. We added $39 billion in 9 months. Our trailing free cash flow is negative $24.74 billion. I included this in the board deck on slide 3. Nobody discusses slide 3. Slide 3 is where we put the things that are true. That's transparency. By Thursday, the H-1B data reached the press. 3,126 petitions. We filed them while scheduling the separation event. Same department. Same quarter. Same PeopleSoft instance. The termination workflow is TERM_MASS_COMM_v4. The visa sponsorship workflow is ONBOARD_H1B_STD. They share a database. They share a help desk queue. They share a budget line. 1 workflow removes 30,000 people who built the cloud infrastructure. The other sponsors 3,000 replacements to continue building it. I manage both workflows from the same standing desk. That's human resources. An employee posted on Blind that it was "a slap in the face." I know which employee. We have analytics on Blind. Sentiment tracking, attribution modeling, post velocity. His post received 4,200 upvotes in 12 hours. I flagged it for Corporate Communications. Communications sent me a thumbs-up emoji. Nobody drafted a response. That's stakeholder management. Yesterday morning, Hilary Maxson started as our new Chief Financial Officer. Base salary: $950,000. Annual performance bonus target: $2.5 million. Equity package: $26 million — $20.8 million time-based, $5.2 million performance-based, vesting over 4 years. We are also covering up to $250,000 in relocation expenses. Her offer letter is 7 pages. The separation notice I sent 30,000 people is 4 paragraphs. I managed both documents. The compensation committee approved her package on the same call where we reviewed the $2.1 billion restructuring charge. We have recorded $982 million of that charge so far. That is what 30,000 people cost on a balance sheet. The CFO's equity package is 1.2% of the restructuring line. A rounding error. No — less than a rounding error. A rounding error's rounding error. That's market-competitive compensation. Our Slack user count dropped from 165,000 to 155,000 in a single day. If you have access to the admin panel, you can watch the number fall in real time. I have access. It drops fast between 6:04 and 6:11 AM. Then it slows. Stragglers. People who hadn't opened their laptops yet. People in Pacific Time who were still sleeping when their career ended. By 7:00 AM, the line flattens. I watched it from my standing desk with a coffee. The line goes down smoothly. No bumps. No steps. Just a slope. That's attrition analytics. In Kansas City, I filed WARN notices for 539 people. 85 software developers. 43 systems analysts. 39 program managers. In Washington, 491 people. 270 software developers. 46 development managers. These are the people who built Oracle Cloud Infrastructure. We are now spending $50 billion to expand it with different people on ONBOARD_H1B_STD. The WARN filing lists the separation date as June 1. The email said today is their last working day. The badge stopped working at 6:01 AM. 3 different dates for the same event. That's compliance. 12,000 of the 30,000 were in India. Bangalore. Hyderabad. Pune. India does not require WARN notices. This is not why 12,000 of them were in India. But it is why nobody has to file anything. That's jurisdictional planning. The quarterly earnings call was March 10. 21 days before the email. The co-CEOs announced $553 billion in remaining performance obligations. They said demand for AI infrastructure "continues to exceed supply." The analysts upgraded their estimates. The stock is down 57% from its peak. It was $326 in September. It is $146 today. Larry Ellison's net worth is $188.7 billion. He has not made a public statement about the layoffs. He has not been asked to. That's governance. Trust in the Q4 engagement survey dropped 34 points. I reported it under "Culture Health Metrics." My manager said the numbers were "expected for a rebalancing of this scale." She told me to revisit it next quarter. I will revisit it next quarter. By then the Slack count will have stabilized. The Blind posts will have cycled off the front page. The ONBOARD_H1B_STD workflows will have completed. The new CFO will have her equity vesting schedule configured in PeopleSoft. And the 30,000 will be on LinkedIn, adding "open to work" above the Oracle logo they can no longer access. I will be here. At my standing desk. Managing the workflows. 30,000 separation emails sent at 6:00 AM. 3,126 H-1B petitions filed the same quarter. $26 million in equity for the new CFO. $350 million in stock options for the 2 co-CEOs. $188.7 billion in personal wealth for the chairman. $124.7 billion in corporate debt. 198.6 basis points on the credit default swaps — higher than 2008. Negative $24.74 billion in free cash flow. $50 billion in AI capital expenditure. 1 PeopleSoft instance. 2 workflows. Same server. TERM_MASS_COMM_v4 and ONBOARD_H1B_STD share a database. That's human resources.
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Everything Providence
Everything Providence@PatriotsNews23·
So we’re going into the offseason next week with Ryan mela and Wes enis, I guess also count pinnis and nil for now but man.. lotta work to do. #Friar
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David Borges
David Borges@DaveBorges·
Silas Demary Jr. said he’s made friends for life this season, particularly Alex Karaban. “We’ll probably be at each others’ weddings.” Said he’s got tough decision to make whether to return next season.
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Gerry Callahan
Gerry Callahan@GerryCallahan·
“A whole civilization will die tonight … God bless the great people of Iran.” Trump once told his AG Bill Barr the key to a good tweet was “just enough crazy.” I’d say this qualifies.
Gerry Callahan tweet media
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Everything Providence
Everything Providence@PatriotsNews23·
@jayvee1964 @KenoEnglish Okay? Like what was your point dude 😂 you come on this app and just bitch and moan just stfu and interact with people. No one wants to hear you complaining
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Everything Providence
Everything Providence@PatriotsNews23·
@KenoEnglish @jayvee1964 Dude wtf are you even talking about. Jamier doesn’t fit the system we would have two non shooters at our 3,4, and 5. Jamier is talented but 2.5-3 mill is too much. Hodgson is a great defensive coach and also a proven recruiter. Just stfu and enjoy the offseason, stop bitching.
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HurleyMania
HurleyMania@HurleyMania·
Alex Karaban hasn’t been called for a hook and hold in his entire career but James Breeding decided to fuck him in his last game.
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DerekJordanCBB
DerekJordanCBB@PurdueBballGuy·
I guess thank you refs for giving the big ten a title. Unfortunately it’s the least big ten team ever. Bunch of mercenaries. Team bought, not made or developed. A team who represents money, not toughness. Who needs free throws, not shooting or efficiency. Big ten wins it. But we all lost.
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J Vieira
J Vieira@jayvee1964·
@PurdueBballGuy Im not a Michigan fan. Just saying all teams are bought and mercenaries now. Sad but true
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Kent Sterling
Kent Sterling@KentSterling·
Why do people keep calling the current state of college athletics "unsustainable?" The product is better, and more people are watching. What about college sports is unsustainable?
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J Vieira
J Vieira@jayvee1964·
@KentSterling The product is not better. Most teams have a no continuity from year to year which means there's a learning curve the next year.
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Happy Hope
Happy Hope@HappyHope134285·
Going on my first date in 20 years- would this be OK? I'm 42
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Koreem 🍀
Koreem 🍀@RipKoreem_·
Can’t take this woman seriously
Koreem 🍀 tweet media
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