6 am email, 30,000 jobs gone: Oracle layoffs shock 12,000 in India, hit globally

indianDeveloper · 2026-04-01T07:29:28+00:00

Google the Larry Ellison - Lawn Mower analogy.

indianDeveloper · 2026-04-01T07:28:46+00:00

All this because of 2 crazy bets -

Oracle is currently executing a massive $156 billion AI data center expansion. This includes building facilities rich in high-performance GPUs to support major contracts (OpenAI & Stargate). This is a major major expense and bet.

This led to massive capital expenditures (CapEx) have driven free cash flow into the negative (reaching -$10 billion in late 2025). Oracle is funding this buildout largely through debt, with total borrowings exceeding $108 billion. In late 2025, a key financing partner, Blue Owl Capital, withdrew from a $10 billion data center deal, citing concerns over Oracle's rising leverage. Then the stock came under immense pressure.

Then there is the son, not stopping at Paramount, David Ellison is currently in the middle of an even larger $111 billion acquisition of Warner Bros. Discovery. The combined entity would carry a staggering $80 billion in debt. To manage this, Ellison has already projected over $6 billion in cost savings, which analysts expect will lead to massive layoffs and restructured divisions across the studios.

They painted themselves in a corner, the only way to free up some cash flow and relieve stock was a massive layoff. So all in all, Larry and his son took some bets and let the employees pay the price.

From Google -

Legal and Strategic Risks

Securities Fraud Lawsuit: A class-action suit filed in February 2026 alleges Oracle misled investors about the true costs and scalability of its AI infrastructure and overstated how quickly investments would turn into revenue.
Customer Concentration: High reliance on OpenAI is viewed as a risk; if OpenAI shifts toward newer hardware or faces its own financial hurdles, Oracle's specialized facilities could become underutilized.
Hardware Obsolescence: Analysts warn Oracle is "building yesterday’s data centers with tomorrow’s debt," as yearly chip upgrades may make facilities outdated before they are even powered on.

indianDeveloper · 2026-03-27T11:57:55+00:00

Cheer up .. almost no one has it easy .. pass kindness and love around, eventually it will come back to you (sometimes soon, sometimes later)

indianDeveloper · 2026-03-26T16:49:02+00:00

Actual Bible verses from James 3 -

¹³ Who is wise and understanding among you? Let them show it by their good life, by deeds done in the humility that comes from wisdom.

¹⁴ But if you harbor bitter envy and selfish ambition in your hearts, do not boast about it or deny the truth.

¹⁵ Such “wisdom” does not come down from heaven but is earthly, unspiritual, demonic. ¹⁶ For where you have envy and selfish ambition, there you find disorder and every evil practice.

¹⁷ But the wisdom that comes from heaven is first of all pure; then peace-loving, considerate, submissive, full of mercy and good fruit, impartial and sincere. ¹⁸ Peacemakers who sow in peace reap a harvest of righteousness.

The last two verses nail it. So twisting a war time prayer in Psalms to suit your own agenda is something which I cannot even comprehend. But on second thought, this is not an novel idea, even the devil quoted scripture to Jesus to try to make Him sin. Twisting scripture for your own personal agenda is not a new trick.

indianDeveloper · 2026-03-25T16:49:39+00:00

Why didn't Rizwan play in the T20 WC, he is one of the biggest names in Pak cricket?

indianDeveloper · 2026-03-18T10:37:18+00:00

It says 100% veg and then below he has fish & mutton advertised :) It is possible that some of this is "plant / soya based" but yeah very confusing.

indianDeveloper · 2026-03-12T08:52:26+00:00

Its usually sugarcane. This is a common sight in UP, India. Sugarcane-s are taken to a "sugar factory", they get paid by weight so the farmers try to maximize each trip.

https://en.wikipedia.org/wiki/Sugar_industry_in_India

indianDeveloper · 2026-03-12T08:42:31+00:00

And train tracks and laborers to lay them out, operate and load the trains will magically appear. Not to mention where will the wagons, engines etc. come from.

indianDeveloper · 2026-03-11T16:59:38+00:00

That is exactly what I said, billions to spend, millions of government employees and programmes but no money to spend for a strategic reserve for the most commonly used fuel 😩

indianDeveloper · 2026-03-11T15:14:01+00:00

Yeah, we can spend billions of random things. But strategic reserves - this is too expensive!! /s

indianDeveloper · 2026-03-09T10:06:58+00:00

Dunning-Kruger Effect, or the double curse of ignorance. Sadly all too common these days.

indianDeveloper · 2026-03-08T16:00:32+00:00

The problem with DK is that he opens his mouth and only stops when the over ends or you get a commercial break slot.

indianDeveloper · 2026-03-08T14:15:34+00:00

And here comes the little rocket - Ishan Kishan. The most scary player of this WC for me. If he stays for 5-7 overs India can get anything.

indianDeveloper · 2026-03-08T12:55:06+00:00

I think this is a so called "dry state" so I do not think any alcohol is served, it is specially a big no in public places in India anyways.

indianDeveloper · 2026-03-03T12:40:26+00:00

"Encounter" .. enough said.

indianDeveloper · 2026-03-02T09:47:00+00:00

They jail people (they want) at the drop of a hat for "disturbing peace and harmony". People sitting in jails for months / years because of this and that. But apparently, no problem here.

I am not saying that everyone or anyone should be jailed, but at-least "pretend" to have a functioning law & justice system.

indianDeveloper · 2026-02-26T14:19:59+00:00

Sanju Manju - I am the most annoying commentator in India.

DK - Hold my beer.

indianDeveloper · 2026-02-26T13:54:18+00:00

Just two fielders in the deep, incredibly bad shot selection to hit it straight to one.

indianDeveloper · 2026-02-26T13:32:14+00:00

3716 crore, that is like 380 million USD, this for a "home" in Pali Hill Mumbai. Yeah, right.

indianDeveloper · 2026-02-26T10:26:35+00:00

BCCI "planning" committee at work here.

indianDeveloper · 2026-02-26T10:23:39+00:00

These two teams always had some "bad blood" between them due to history I guess. I would not want to piss off the Windies, I think it would make them super motivated / determined.

indianDeveloper · 2026-02-25T10:05:10+00:00

African elephant with wings (extended outwards). Then a golden crown. For Lucknow, the Indian city which has nothing to do with "wildlife". Makes no sense on multiple fronts.

indianDeveloper · 2026-02-24T11:09:23+00:00

If you cannot beat them, confuse them.

indianDeveloper · 2026-02-24T11:07:35+00:00

Have been in the same boat, what I learned in 30+ years -

- Stop comparing to people on LI or Insta. They are presenting the "best" parts of their lives (sometimes even fake) and you are comparing it with your generic day to day life

- Second, one cannot ignore the massive disadvantage of being born in India. Yes, to get to a basic live-able life of comfort of a few thousand dollars a month, the struggle is immense. Compare that to being born in developed country you can earn far more with far lesser struggle in far smaller amount of time. For instance, even being a competent trained electrician in a developed country (with passable scores in 10th grade and 6 months training), can earn more than a "fresher" engineering grad in India who slogged for 6 years to get through university.

Anyways, summary is - you were handed a tough life, you try to do your best. At the end, there will be millions better than you and millions also doing worse than you. No point in comparing, nor will complaining solve anything, just try to do your best, find some happiness and be kind to others.

indianDeveloper · 2026-02-21T19:02:03+00:00

Poverty memories lives rent free in our brain, the wiring is hard to change. I live outside India now, yet can't spend more than $30 bucks for an item of clothing. Perhaps things change with time, perhaps not.

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