Is this article from the future?
> Story by WALLA! MONEY
Who?
I'd guess their fiscal year is trying to align with fiscal years of schools and governments, which are major customers and often have budget cycles aligned july-june or similar.
I'm not an American, so I'm not familiar with Oracle's database tech but looking through history of what good/bad Oracle has done for the world:
- good: btrfs for linux
- good: mysql (inherited)
- good: openjdk (inherited)
- good: virtualbox
- bad: oracle v google (copyrighting APIs)
- bad: mass surveillance (i.e. BlueKai)
- bad: aggressive value extraction
- bad: general mega corporation bullying
Sad that 21,000 people lost their jobs, but I don't think many people are shedding tears for Oracle itself.
>According to the annual report of the computing giant published this week, the company had 141,000 employees as of May 31, 2026. This is a significant downsizing compared to the corresponding period last year, when the number of employees at Oracle stood at approximately 162,000 people. The report further reveals that the company paid a massive fortune of $1.84 billion for severance pay and other retirement expenses accompanying the restructuring moves in the current fiscal year.
“Oracle petitioned the court against the requirement, arguing that these financing costs would deter future investment in the state, while emphasizing its commitment to the project, […]. Regulators, on the other hand, remained firm in their stance, clarifying that existing customers should not subsidize data centers. This issue is not limited to Wisconsin: At least 24 US states have already approved special rates, minimum conditions, exit penalties, and collateral requirements for heavy electricity consumers.
When I joined the grass cutting lawnmower party, I didn't think it would mow my lawn!
Recent related:
Oracle could face $7B collateral bill for Wisconsin data centre
https://news.ycombinator.com/item?id=48993488
S&P Global has lowered Oracle’s creditworthiness from BBB to BBB-
https://news.ycombinator.com/item?id=48909768
And 3 months ago:
Oracle slashes 30k jobs
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I am amazed that our betters are being held to the same standards. Maybe they forgot to pay a few million in lobbying to get the preferred treatment plan.
I saw that whole "don't anthropomorphize Oracle" but I suppose it's hard to understand if you weren't there.
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My personal opinion is that HN and the tech/genera community treat it as more as being a lawyer company (or having a very large amount of lawyers in general) and actively hostile to many aspects of tech.
It has very Microsoft-y vibes (minus Github/any goodwill that Microsoft has ever earned or past nostalgia like windows xp/7) while at the same time as @trentor said, they killed sun so they actively harmed the nostalgia aspects/goodwill (ironic how both of it is about Operating systems and for all its faults of Microsoft, they have handled the nostalgia part much better than Oracle)
/s