alt.hn

4/12/2026 at 8:11:17 PM

Oracle gave its new CFO $26M in stock after firing up to 30k workers

 https://moneywise.com/news/top-stories/oracle-gave-its-new-cfo-26m-in-stock-after-firing-up-to-30000-workers-affected-employee-says-an-algorithm-decided-who-got-cut

by e2e4

4/12/2026 at 8:56:02 PM

Rest of the headline: Employee says an 'algorithm' may have targeted those with stock options first

by turtleyacht

4/12/2026 at 8:33:00 PM

Many companies like Oracle have achieved "AGI" internally. Well done!

So the build out of those data centers costing hundreds of billions of dollars of debt is going well and on schedule right? /s

by rvz

4/12/2026 at 8:42:28 PM

Numbers don't lie, they aren't producing what they ought to, so they have to cut costs to stay afloat.

by downrightmike