No, they are not in trouble yet. I'm not saying SaaS is dead. The article, to me, reads as, if you are in SaaS, you better be looking at ways to build power above and beyond a simple service, be it a network moat, corporate compliance, competing with the vertical....
Incoming Oracle news: "Oracle’s Cold 6 AM Layoff Emails Hit Staff Amid New Wave of Cuts: ‘Today Is Your Last Working Day’
The company has not disclosed how many workers were affected by the latest cuts, which follow a reported 21,000-employee decline during fiscal 2026."[1]
Uh oh. How long until the ORACLE sign comes off the big cylindrical building in San Mateo? Will Ellison have to sell his private island?[2]
No, they are not in trouble yet. I'm not saying SaaS is dead. The article, to me, reads as, if you are in SaaS, you better be looking at ways to build power above and beyond a simple service, be it a network moat, corporate compliance, competing with the vertical....
Oracle has a BBB- credit rating (one step above junk bonds), so maybe yeah.
Did not know they'd slipped that far.
Incoming Oracle news: "Oracle’s Cold 6 AM Layoff Emails Hit Staff Amid New Wave of Cuts: ‘Today Is Your Last Working Day’ The company has not disclosed how many workers were affected by the latest cuts, which follow a reported 21,000-employee decline during fiscal 2026."[1]
Uh oh. How long until the ORACLE sign comes off the big cylindrical building in San Mateo? Will Ellison have to sell his private island?[2]
[1] https://www.techtimes.co.uk/oracle-new-layoffs-restructuring...
[2] https://en.wikipedia.org/wiki/L%C4%81na%CA%BBi