2 ms·
250k/year. I'm not an arch. But that was the absolute high end for IC5. (Unobtainable) Oracle is not a high payer of salaries. I disagree that its a "signal t
by monksy 7mo ago
250k/year. I'm not an arch. But that was the absolute high end for IC5. (Unobtainable)
Oracle is not a high payer of salaries.
I disagree that its a "signal that they overhired". Laying off people means:
1. They didn't plan well enough
2. Their business wasn't attractive enough to customers
3. Their business people aren't good enough to support the people who are developing their product.
If anything, it should be a red flag to investors that they're working with someone they can't trust to give money.
- tombert 7mo agoI mentioned 250k for total comp, like health insurance and bonuses and stock and PTO and the like. All three of those points, to me, would still indicate that the CEO and executives are very bad at their jobs.