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Just checked. They have 162,000 employees. So thats like 18% cut? I don't even know what that company does. I'm sure it's valuable for a reason, just never und
by saos 7mo ago
Just checked. They have 162,000 employees. So thats like 18% cut?
I don't even know what that company does. I'm sure it's valuable for a reason, just never understood what they do.
Edit: Google says they sell Database software. OK.
- sp4cec0wb0y 7mo agoEver heard of JDE?
- LtWorf 7mo agoAFAIK they mostly sue other companies and occasionally write some software.
- _zoltan_ 7mo agoYou don't know what Oracle does? What?
- rsynnott 7mo agoI mean, it's a fair question. I think a lot of people would think of the RDBMS, but obviously they don't have 180k people working on that. They do all sorts of other stuff as well, of course, but I'm not sure people necessarily think of that when they hear 'Oracle'. A database, plus American SAP, plus a sort of also-ran AWS-type thing, plus the sad remains of Sun, is about it.
- _zoltan_ 7mo agothey lease a lot of data center space to GCP/AWS/Azure effectively taking on capex.
- saos 7mo agoYes, I don't know what they do and I'm totally not ashamed
- internet101010 7mo agoThey sell unsexy infra. For example, if you are a retailer everything from the POS system to the accounting system behind it to the ERP system that sits on top of that. Absolutely terrible products to work with both from a user and developer standpoint, but once they are up and running they are built like tanks.