Oracle News
5 Sep 2017
#66180
Oracle Cuts More Jobs in Its Hardware and Solaris Units
Fortune, September 5th, 2017

Barb Darrow writes in Fortune, "Oracle has laid off what appears to be a significant number of employees working on its hardware and Solaris operating system efforts, according to anonymous posts on TheLayoff.com, the gist of which were confirmed to Fortune by former Oracle employees.

Both Oracle's server and Solaris efforts emanated out of Sun Microsystems, a company Oracle acquired in 2010 for $7.4 billion. Before then Oracle had been a software company specializing in databases and financial applications, so jumping into computer servers and SPARC microprocessors - another Sun business - was a stretch. Solaris was Sun's version of Unix, a powerful operating system that powered its servers..."
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4 Sep 2017
#66181
The Sudden Death and Eternal Life of Solaris
By Bryan Cantrill

Bryan blogs at The Observation Deck, "As had been rumored for a while, Oracle effectively killed Solaris on Friday [the 1st]. When I first saw this, I had assumed that this was merely a deep cut, but in talking to Solaris engineers still at Oracle, it is clearly much more than that. It is a cut so deep as to be fatal: the core Solaris engineering organization lost on the order of 90% of its people, including essentially all management.

Of note, among the engineers I have spoken with, I heard two things repeatedly: 'this is the end' and (from those who managed to survive Friday) 'I wish I had been laid off.' Gone is any of the optimism (however tepid) that I have heard over the years - and embarrassed apologies for Oracle's behavior have been replaced with dismay about the clumsiness, ineptitude and callousness with which this final cut was handled..."
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8 Sep 2017
#66191
Why AI Isn't The Robot Apocalypse For Jobs
By Michael Hickins

Michael writes in Forbes, "Emerging technologies such as artificial intelligence aren't the enemy of jobs after all. New technologies actually end up creating different, higher-paying jobs than the ones they replace, according to new research.

Fears of 'technological unemployment,' a term coined by renowned economist John Maynard Keynes in 1930, and recently popularized by MIT Sloan professors Erik Brynjolfsson and Andrew McAfee, are rampant. The worry is that computer-driven automation will take over repetitive tasks across a swath of industries, from retail and financial services to manufacturing and, maybe sooner than we realize, taxicabs and trucking..."
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8 Sep 2017
#66195
You Gotta Have Goals: Oracle Ties Larry, Safra and Mark's Equity to Cloud
The Register, September 8th, 2017

Rebecca Hill writes in The Register, "Oracle's top earners will only be able to earn more equity if the company delivers on its cloudy promises and pays out for stockholders, according to a revamped compensation plan.

The changes, detailed in the company's latest 8-K filing, mean that from fiscal 2018, CTO Larry Ellison and joint CEOs Safra Catz and Mark Hurd will have to create value for their stockholders in order to walk away with their multi-million dollar wage top-up..."
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