This is …. And I don’t say this lightly…. The single greatest piece of writing I have ever seen in my life
The Japanese have discovered unlimited chips & salsa and it’s beautiful
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By the time they read the word "grateful," their access to email, files, and Slack had already been revoked.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.
Quick Gary Woodland story...
I worked at Alvamar, KU's home course, throughout college. Gary's work ethic was off the charts way back then. It wasn't rare for him to be out practicing during my entire shift. Grinding away on the putting green near my spot at the snack bar.
Game 7 of the Wolves vs Nuggets series, biggest comeback in NBA playoff history! As a Timberwolves fan I really thought we were going to win it all after this game 😞
Let’s be clear about what this says: the head of the FBI killed an investigation into a potential homicide of an American citizen because it didn’t fit neatly into the President’s contrived (and baseless) political narrative.
And instead wanted to prosecute the deceased’s spouse.
Putin-level fascism.
Kash Patel’s targeting of the private communications of Minneapolis protesters, instead of insuring a fair investigation of #ICE murders, is a classic authoritarian move, of the kind we’ve long seen in places like Russia and Iran. We’ve reached a tipping point.
I am ending my campaign for Minnesota Governor. I describe why in the below video. Please watch until the end. (It is 10 minutes, 52 seconds.)
Thank you,
Chris
My mom was stopped and harassed by masked ICE agents while shopping at an outlet mall in Texas. Because she has an accent, they assumed she spoke Spanish and started talking to her in Spanish. When she said she doesn’t speak Spanish, they began demanding where she was “from,” rapidly listing countries without even giving her a chance to respond.
My mom told them she’s been in this country longer than some of them have been alive. She was only allowed to leave after showing a photo of her U.S. passport on her phone.
She is a U.S. citizen. She has lived in this country for 47 years. If you think this is just about “sending criminals back,” you are dead wrong.
Omg he was trying to help another bystander who got sprayed back to their feet. They freaking murdered him for trying to help someone they attacked.
He never pulled a gun, they yanked it from his holster and then shot him several times.
Listen if you support this block me now. This is horrific, disgusting. This administration is full of terrible people.
Did Renee Nicole Good “hit ICE officer Jonathan Ross with her car”?
MAGA: “YES. ABSOLUTELY. CASE-CLOSED. THE END.”
Everyone else: “Absolutely NOT. And the case was never even open.”
This man goes frame-by-frame to definitively settle this.
Please watch and share.
@Top100Rick Heading to Palm Springs in Feb with a group. Would you recommend Indian canyon south or cimmaron for a round before picking up our 4th at the airport?
Let’s give this putter away.
72 lie
3 loft
Copper plate finish
303 Stainless Steel
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My favorite finish we have done.