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Chasing the crypto edge – code, deploy, repeat.
I am the VP of Workforce Economics at Oracle. We are worth $420 billion.
On Tuesday, we sent 30,000 employees a termination email at 6 AM.
Not 9. Not business hours. Six in the morning. They woke up to the word "eliminated."
The email came from "Oracle Leadership." Not a manager. Not a name. Oracle Leadership.
It said: "We are grateful for your dedication, hard work, and the impact you have made."
By the time they read the word "grateful," their access to email, files, and Slack had already been revoked. The gratitude was the last Oracle communication they received.
We did not eliminate the roles. We eliminated the salaries.
In the same fiscal year, we filed 3,126 H-1B petitions to hire foreign workers. 436 this year alone. The roles are identical. The pay is not.
An H-1B software engineer earns $87,000. The domestic median for the same work is $106,000. Eighty-three percent of H-1B workers are classified at entry-level wages for senior positions.
The industry calls this a skills gap. It is a pay cut that requires a passport.
The visa is tied to the employer. If the worker leaves, they lose their legal right to remain in the country. If they negotiate, they risk the same. If they organize, the sponsor declines to renew.
That is retention.
Our revenue this quarter is $17.2 billion. Up 22%. Net income up 95%. We have $553 billion in committed future contracts. Up 325%.
These are not the numbers of a company that needs to lay anyone off.
We took a $2.1 billion restructuring charge. That is the cost of the gratitude. It frees up $8 to $10 billion in annual cash flow. That cash services $156 billion in AI data centers we are building. Starting 2028, OpenAI pays us $82 million per day.
Larry Ellison is worth $189 billion. He pledged $51 billion in Oracle shares as collateral for the Stargate AI venture. Announced at the White House.
The stock rose 4% on Tuesday. The day of the 6 AM emails. Wall Street did not see 30,000 people. They saw the margin.
Amazon laid off 30,000 since October. Filed thousands of H-1B petitions in the same window. This is not one company. This is the operating model.
Fire the salary. Keep the role. Fill it with someone whose legal right to remain in the country depends on your continued sponsorship. Pay them less. They will not complain. They cannot.
One employee's father worked at Oracle for 20 years. No phone call. No meeting. An email at 6 AM and a locked laptop.
The role is still open.
The people we fired are free. The people we hired are not.
🚨 Do you understand what Oracle just did..
they fired 30,000 people.. via 6 AM email.. while reporting a 95% increase in net income last quarter..
Oracle isn't a struggling company .. Oracle made MORE money than ever.. and still fired 30,000 people because they're spending $156 billion on AI data centres instead..
and Larry Ellison.. the guy who just fired 30,000 families.. is worth $200 billion.. the 3rd richest person on earth.. he owns an entire Hawaiian island.. Lanai.. 98% of it.. bought it for $300 million like it was a vacation home..
this is the same playbook every single time..
IBM fired 7,800 and replaced them with AI in 2023.. Amazon cut 27,000 the same year while reporting record revenue.. Atlassian cut thousands while profits climbed.. Google laid off 12,000 while sitting on $100 billion in cash..
they told you to learn to code.. you learned to code.. they told you to upskill.. you upskilled.. and then they replaced you with the thing you helped build and sent the termination letter before you woke up..
the company made record profits and decided the reward for that was firing the people who made it happen.
🥷 Privacy features, but in a cool way.
The Solflare Empire is full of creators and talented clippers.
Join the Empire Forge.
Become bigger.
This is the way.
Atlassian just confirmed 1,600 layoffs with 900+ coming from engineering
But I'm hearing the real story from inside
Sources say they've been running "knowledge extraction sprints" for 6 months - recording every senior engineer's screen, logging their prompts, documenting their debugging workflows
One architect told me they made him walk through his entire microservices decision tree while they filmed it. Called it "knowledge transfer for the transition team"
The transition team? 47 contractors in Bangalore with access to his recorded sessions and a Claude Enterprise subscription
Same architect just found out his replacement starts Monday. Guy makes $28k annually and ships code 40% faster using the exact prompt libraries they extracted
They're not just cutting headcount - they're systematizing 15 years of engineering expertise into training data
The "strategic AI focus" isn't about building AI products
It's about replacing their entire engineering culture with agents trained on their senior engineers' knowledge
Word is the CTO replacement already has the playbook: extract, document, offshore, automate
If you're still there and they ask you to "document your processes for the team" - RUN
The knowledge extraction is complete
Our intern just asked me why we don't use Kubernetes.
I said because we don't need Kubernetes.
He said everyone uses Kubernetes.
I said everyone TALKS about using Kubernetes. Most companies are running Docker containers on three servers and calling it a day.
We have 40 employees. Our entire infrastructure runs on AWS with auto-scaling groups. It works fine.
Kubernetes is designed for companies running thousands of services across hundreds of servers. We have twelve services.
But he read that Kubernetes is "industry standard" so now he thinks we're behind.
This is what happens when people learn from tech Twitter instead of actual experience.
They think every company is Google-scale and needs Google-scale solutions.
We don't need Kubernetes. We need our MySQL database to stop running out of connections because someone wrote a query that doesn't close properly.
But that's not exciting. Nobody writes blog posts about "I fixed a connection leak."
They write about "How we migrated to Kubernetes and saved millions" even though the migration cost more than they saved.
I told the intern he should learn why tools exist before learning the tools themselves.
He looked disappointed. He wanted to put Kubernetes on his resume.