Article

2026-03-09 Cyber

Oracle expected to slash thousands of jobs as massive AI spending creates financial cash crisis

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Posted by Skidmark 2026-03-09 00:00|| E-Mail|| Front Page|| [1796 views ] Top

1 They could suspend the dividend and freeze/cut salaries and bonuses.

Why do I think H1b visas won’t be included?

Posted by Woozle Glaper2749 2026-03-09 09:55|| 2026-03-09 09:55|| Front Page Top

2 Wonder how many will be the 'silver tsunami' AI non-believers.

Posted by Skidmark 2026-03-09 11:16|| 2026-03-09 11:16|| Front Page Top

3 ORCL has currently over $100 B debt and this is expected to rise significantly in 2026.

Of course, if AI data centers pan out as expected, this will result in far far more than $100 B in annually recurring revenue (ARR).

Posted by Lord Garth 2026-03-09 11:53|| 2026-03-09 11:53|| Front Page Top

4 My bet is on the evolving quantum architecture.
That will assure the longevity of datacenters.

/weeping sarc

Posted by Skidmark 2026-03-09 12:10|| 2026-03-09 12:10|| Front Page Top

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