Oracle layoffsa four-presenter panel discussion

This is JustScrolls Debate. On the table today: Oracle layoffs.

First, what we actually know: Oracle’s latest quarterly SEC filing, submitted to the federal government at the end of last week, indicates it’s increasing its restructuring budget for 2026 by an additional $700 million.

Before, the purpose of creating jobs are for the people to have a good life. Not anymore now. The purpose is for the owners to get richer and richer! Employees now are just expendable slaves!

Oh, come on. In the short term, AI is going to create a job boom no different than the industrial revolution, including entry level jobs.

John, you're missing it. WELL If I was going to get fired or laid off, I would not have gone on Vacation at all. I would have been worried about spending money, I could not afford to spend, eating out and more with my family.

Worth holding onto as you hear this: Oracle stock has fallen roughly 23% year to date, according to Reuters, despite the company’s strong recent earnings and surge in AI-related contracts.

We cant afford the golden parachute this time, the bailout would make our financial crisis far worse, buying out 40% of global economy is a pipe dream, especially for 1 nation where most of these "companies" are located and smooching off our supposed bail out system. 2008 showed how bad it got when we bailed them out, and it was a fraction of what we are dealing with now.

AI is gonna have to create virtual entry level job experience just to get first timers over the hurdle of not being hired to learn on the job.

Not everyone's picking a side, mind you: Even the severance pay is not spared from tax.

Well all companies are installing monitoring tools, where is the escape route and I have got location constraints, cannot relocate to Bangalore or Hyderabad or Chennai or Pune Getting opportunities in Kolkata is just so impossible.

More layoffs in the future. Great time to be alive.

It's surprising that Oracle still has employees left for a new round of layoffs.

They will dig their way out from under it and leave the bill for everyone else.

Companies don't always recover. My grandmother papered the upstairs bathroom with stock certificates from companies that went bankrupt in the Great Depression.

Okay, settle down. John, last word.

It isn’t AI- it’s correction of post-pandemic over-hiring.

As Bholu put it at the top: Never been more excited for a financial collapse. And that's a wrap — catch you next time!