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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 By the time they read the word "grateful," their access to email, files, and Slack had already been revoked.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.

This is pretty cool actually!

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

it’s a $SKR Memecard GIVEAWAY Missed the claim in the Gib Meme Seeker app? we gotchu Just drop your .skr & RT 👇

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.

I am the CEO of a $6.7 billion fintech company. Last year I replaced 700 customer service workers with AI. I called it "the future of work." The future arrived. It's worse. In 2023, we stopped hiring entirely. I announced it on stage. People applauded. Applause is how you know you've made a mistake. We partnered with OpenAI. I said "AI can already do all of the jobs that we, as humans, do." I said this publicly. Into a microphone. With my whole chest. We saved $10 million. I put that in the press release. Press releases are how you celebrate before the consequences arrive. Our employee count went from 5,500 to 3,400. I called it "efficiency." Efficiency is when you fire people and the stock goes up. For a while. The AI handled customer complaints. Customers complained about the AI. It couldn't do nuance. It couldn't do empathy. It couldn't do angry customers yelling about missed payments at 2 AM. Turns out those are the only customers who call. I started getting emails. From customers. About the AI. The AI was hallucinating payment plans that don't exist. It told one customer their refund was "processing in the astral realm." I don't know what that means. Neither did the customer. They posted it on Twitter. It went viral. Not the good kind of viral. The kind where Congress starts asking questions. My VP of Customer Experience scheduled a meeting. She asked if we could "reintroduce human elements." Human elements means people. People I fired. I said we'd "explore hybrid solutions." Hybrid solutions means admitting we were wrong. Without using the word "wrong." I did an interview with Bloomberg. I said "there will always be a human if you want." A human if you want. Like it's a topping. Like empathy is extra cheese. I announced a new hiring initiative. We're bringing back customer service workers. But not as employees. As gig workers. From home. No benefits. No stability. Like Uber. But for apologizing. I called it "flexible human infrastructure." That's not a real thing. But it sounds like one. The workers we fired are now contractors. Doing the same job. For less money. With no healthcare. I called it "the evolution of the customer experience." Evolution means we broke something and fixed it worse. But the word sounds forward-thinking. We spent $10 million to save $10 million. And ended up with angry customers, viral tweets, and a gig economy call center. I'm doing a keynote at Davos next month. The topic is "AI Transformation: Lessons in Leadership." I haven't learned any lessons. But I have learned to call them lessons. That's the same thing. In business.

I could not agree more with this. Ok yes vibe coding can generate code fast, but it is not fun, quality and satisfying.

I had a luck that I lend my $IKA on @AlphaFiSUI . But really sorry for other lenders who keep it on other platforms... That was not fair!

1/ Update: AlphaLend handled the $IKA wick as designed liquidate → pause on extreme EMA divergence → resume on normalization. 0 depositor haircut. 0 bad debt unlike other lending protocols. Details in thread Note

The best lp for sure are on @bluefinapp!

Ngl, @anza_xyz just dropped the BIGGEST SOLANA UPGRADE ever @SolanaConf 🤯 Meet Alpenglow—making @solana 100x FASTER ⚡️ And no—it’s not an L2 or sidechain. Here’s why this is MASSIVE 🧵👇

Just 2 days until @thealdarian mint day, and I couldn’t be more exited! This isn’t just about 1/1 NFT art—we’re building something much bigger. Big thanks to the Aldarian community for making this happen and believing in the project—I believe in you guys too! 🚀🚀🚀

introducing gill: the new javascript/typescript client library to interact with the @solana blockchain - fully compatible with web3js v2 - tree shakable - lightweight - and numerous quality of life improvements for devs lets dive in 👇

Don't sacrifice everything for code.

Ive known @Cryptobu_ll for a long time, I’ve seen how dedicated he is. He doesn't just dive in! He learns, plans, and executes step by step. The effort and passion he puts into this is unmatched. I truly believe he’ll do everything it takes to make this project a success!👀💎

Have to say that this artwork powered by @thealdarian looks amazing! Very bulish on this collection! #NFT #SolanaNFTs

Not sure did you hear for @thealdarian NFT collection, but if you didn't you have to check it out! It will be 🔥🔥🔥 as well as its art!

The main intention of the burn was to inspire confidence in the AGiXT project. I could have taken a very large sum of money that could have retired me, but my goal isn't retirement, it is to build extremely useful AI and to embody it. I'm having fun doing what I do and I'm extremely excited that I am now enabled to take AGiXT to the next level with a lot of support and a higher level of trust. Expect to start seeing bug bounties in AGiXT in the short term, we are planning a hackathon for building useful things with AGiXT - both of which will come with prizes in AGiXT coin. More details in the coming days. Thanks for all of the support!