Oracle Swings the Layoff Axe and Clear-cuts Teams of Engineers
Oracle takes a page out of IBM’s playbook this week, with unannounced layoffs, rationalized by a restructuring to the cloud, and little acknowledgement that they are happening
ROBERT STEELE: I happen to like Larry Ellison, no least because he was one of the original CIA databases geniuses, and he is an offshore sailor at the pinnacle of the avocation. What is sad about all this is that Larry was told by myself and two others many months ago, what Amazon was going to do to him and how he could beat Amazon, and he chose to ignore us. What he has now will neither adapt nor scale. Certainly I wish him well going forward. There are those that would like to see him and Peter Thiel link up toward Web 3.0.
