AFAIK this article is not discussing new layoffs, this was previously discussed 3 months ago

https://news.ycombinator.com/item?id=47587935

The angle of the article is basically they did these layoffs and now also face some serious debt risks. Which was also obvious a few months ago. Oracle made a huge gamble, even more so than other big tech firms.

Very good timing for this contract with the Pentagon then,at just the right amount.

https://ca.finance.yahoo.com/news/pentagon-awards-oracle-nea...

This news is a month old.

[dupe]

Recent related:

Oracle could face $7B collateral bill for Wisconsin data centre

https://news.ycombinator.com/item?id=48993488

S&P Global has lowered Oracle’s creditworthiness from BBB to BBB-

https://news.ycombinator.com/item?id=48909768

And 3 months ago:

Oracle slashes 30k jobs

https://news.ycombinator.com/item?id=47587935

(also this exact article yesterday with a bunch of upvotes and comments, but doesn't matter https://news.ycombinator.com/item?id=49025754)

Just one more hit. Just one more hit. We're gonna make it this time. It's going to the moon....

jpost posting is very interesting !