More victims of AI.
Not actually of "AI is replacing jobs", more "oh shit we are spending too much and the product isn't good enough for us to ever make a return on our absurd over-investment".
Not actually of "AI is replacing jobs", more "oh shit we are spending too much and the product isn't good enough for us to ever make a return on our absurd over-investment".
- overpricing the database led to a predictable exodus and new players with often times better performance.
- acquisition of MySQL led to a predictable exodus and new players like maria with often times better performance.
- Oracle cloud arrived late to spectacular skepticism and low user turnout from customers who had been burned by high cost and users burned from decisions like the death of opensolaris. it exists on federal life support these days by the grace of the prevailing administration.
- more than 80 products, with hundreds of thousands of patches and updates, yet no coherent or meaningful reform of the build for more than forty years. DB 19c still ships broken for redhat 9 as a means of driving users to oracle linux, and patching the installer is a 1970s experience in itself. DB 23's greatest improvement has been to tack the letters "AI" onto it to chum what shallow AI waters Oracle deigns to tread outside of an investment portfolio.
- dumping cash into oracle enterprise linux despite it only having around 2500 active corporate users.
this is nearly 20% of the company being laid off.
Yeah, from small interactions over the past two decades, I have no idea how they could have been so bad while employing so many people. What on earth were those 30k people doing?! Their solutions were crap for ages.
There is a significant correlation between how many people you employ and how much nothing you accomplish. It means you've gotten big enough to survive long bouts of doing something and achieving nothing with large amounts of people.
It seems there's literally no correlation between people and what is accomplished.
Could be lawyers.
Would we be sad if they were lawyers?
Developers & QA are cost centres and liabilties.
Look at their employee numbers over the years:
(ai generated):
Oracle Corporation Employee Count (2010 - 2025)
Legend: Each '' represents approximately 4,000 employees.
Year | Employees
------------------------------------------------------------------
2010 | (105,000)
2011 | (108,000)
2012 | (115,000)
2013 | (120,000)
2014 | (122,000)
2015 | (132,000)
2016 | (136,000)
2017 | (138,000)
2018 | (137,000)
2019 | (136,000)
2020 | (135,000)
2021 | (132,000)
2022 | (143,000)
2023 | (164,000)
2024 | (159,000)
2025 | (162,000)
They clearly did something crazy at corona and undoing this as a lot of companies did before already.
here's a link to an actual source for people who also don't trust ai generated stuff
https://www.macrotrends.net/stocks/charts/ORCL/oracle/number...
edit: this source also includes data/graphs on stock price and bunch of other metrics, rather than just one number over time.
with an adblocker ... there is one ad on the page just above the graph about "Unlock Macrotrends Premium" which takes up 1.5/2cm of the page, while the graph underneath it takes up like 15cm. Then there's a bunch of other information on the page, none of which are ads. yes, there's a "you only get 5 page visits free" whole page pop-up thing, but there's an easy and well-known way round that for individuals who understand basic internet browser usage.
maybe start using an ad-blocker? pretty much everyone else does these days.
> the data was most likely parsed out of Oracle's earning reports by some janky regexp.
which is probably what the ai would do... or more likely it's just stealing it from the source i linked, since the numbers are exactly the same...
also, probably not because see (1b) below.
> I don’t know why you would trust this more than AI.
because (1a)
> Fundamental data from Zacks Investment Research, Inc.
> Built on Zacks Investment Research — trusted by institutional investors, academics, and financial professionals for over 45 years. [0]
I'd take people who have been doing this stuff for 45 years over some new-fangled toy that's well known to hallucinate and get things wrong in ways that appear authoritative.
also, on that (1b)
> Zacks employs a rigorous quality control process to make sure all data points are recorded accurately. For each company, a trained analyst enters the data from SEC filings, which is then double checked by a senior analyst. Once the data is entered, a senior analyst signs off on final completion after reviewing all the data. In addition, the data is subjected to a battery of automated checks to verify balancing relationships and correct errors. All data items are reviewed by multiple sets of trained eyes as well as automated computer checks. [1]
and (2) because that site provides other contextual information that is helpful, like the fact that Oracle's stock price has been trending downwards, which is possibly a reason why they felt the need to make cuts now. [2]
ai gives you the answer you want -- not the answers you might actually need.
[1]: https://zacksdata.com/static/docs/Zacks_Fundamental_Data_Ove...
[2]: https://www.macrotrends.net/stocks/charts/ORCL/oracle/stock-...
edit1: apparently you're not using an adblocker, wtf dude, it's 2026. use an adblocker.
edit2: added (1b)
---
> Yes — the universal fallback is `full-time employees`. That phrase appears in the employee-count disclosure across Oracle's filings in this run. ([Securities and Exchange Commission][1]) > > If you want the exact string to paste into `Cmd-F`, use these: > > * FY2010: `As of May 31, 2010, we employed approximately 105,000 full-time employees` ([Securities and Exchange Commission][1]) > * FY2011: `As of May 31, 2011, we employed approximately 108,000 full-time employees` ([Securities and Exchange Commission][2]) > * FY2012: `As of May 31, 2012, we employed approximately 115,000 full-time employees` ([Securities and Exchange Commission][3]) > * FY2013: `As of May 31, 2013, we employed approximately 120,000 full-time employees` ([Securities and Exchange Commission][4]) > * FY2014: `As of May 31, 2014, we employed approximately 122,000 full-time employees` ([Securities and Exchange Commission][5]) > * FY2015: `As of May 31, 2015, we employed approximately 132,000 full-time employees` ([Securities and Exchange Commission][6]) > * FY2016: `As of May 31, 2016, we employed approximately 136,000 full-time employees` ([Securities and Exchange Commission][7]) > * FY2017: `As of May 31, 2017, we employed approximately 138,000 full-time employees` ([Securities and Exchange Commission][8]) > * FY2018: `As of May 31, 2018, we employed approximately 137,000 full-time employees` ([Securities and Exchange Commission][9]) > * FY2019: `As of May 31, 2019, we employed approximately 136,000 full-time employees` ([Securities and Exchange Commission][10]) > * FY2020: `As of May 31, 2020, we employed approximately 135,000 full-time employees` ([Securities and Exchange Commission][11]) > * FY2021: `As of May 31, 2021, we employed approximately 132,000 full-time employees` ([Securities and Exchange Commission][12]) > * FY2022: `As of May 31, 2022, we employed approximately 143,000 full-time employees` ([Securities and Exchange Commission][13]) > * FY2023: `As of May 31, 2023, we employed approximately 164,000 full-time employees` ([Securities and Exchange Commission][14]) > * FY2024: `As of May 31, 2024, we employed approximately 159,000 full-time employees` ([Securities and Exchange Commission][15]) > * FY2025: `As of May 31, 2025, we employed approximately 162,000 full-time employees` ([Securities and Exchange Commission][16]) > > If the browser/PDF viewer is annoying, use this order: `full-time employees` → `As of May 31, 20XX` → `Employees`. The first one is usually the fastest. > > [1]: https://www.sec.gov/Archives/edgar/data/1341439/000119312510... > [2]: https://www.sec.gov/Archives/edgar/data/1341439/000119312511... > [3]: https://www.sec.gov/Archives/edgar/data/1341439/000119312512... > [4]: https://www.sec.gov/Archives/edgar/data/1341439/000119312513... > [5]: https://www.sec.gov/Archives/edgar/data/1341439/000119312514... > [6]: https://www.sec.gov/Archives/edgar/data/1341439/000119312515... > [7]: https://www.sec.gov/Archives/edgar/data/1341439/000119312516... > [8]: https://www.sec.gov/Archives/edgar/data/1341439/000119312517... > [9]: https://www.sec.gov/Archives/edgar/data/1341439/000119312518... > [10]: https://www.sec.gov/Archives/edgar/data/1341439/000156459019... > [11]: https://www.sec.gov/Archives/edgar/data/1341439/000156459020... > [12]: https://www.sec.gov/Archives/edgar/data/1341439/000156459021... > [13]: https://www.sec.gov/Archives/edgar/data/1341439/000156459022... > [14]: https://www.sec.gov/Archives/edgar/data/1341439/000095017023... > [15]: https://www.sec.gov/Archives/edgar/data/1341439/000095017024... > [16]: https://www.sec.gov/Archives/edgar/data/1341439/000095017025... ```
Funny to say that in a story like this.
I simply don't trust a chart with a botched legend to begin with.
>Legend: Each '' represents approximately 4,000 employees.
That's what put me off and once again reinforces that blindly copying AI does in fact bring harm.
After the layoffs, they'll apparently now have grown by 1.0% annually since 2020.
So yes, from 2021 to 2023, they had a huge spike, but overall, it's a net slowdown in growth relative to the 2010-2020 period.
If this was about reversion to the old pattern they'd have done a smaller set of layoffs or simply wait for a few years of zero growth.
It's tricky to pick an end-of-decade year also - recessions tend to happen +/- 2 years of the end of each decade in the USA, or at least have done since records began in the 19th century. For example 2010 was recovery over 2008/2009's bust. It's not like comparing March to Ma4ch for a crude seasonal adjustment.
You can see linear growth from 2010-2017. Then slow decline or at best a flatline from 2018-2021. Then they went crazy in 2022-2025.
Now if we just do 162k - 30k we are back to 132k, basically same ballpark as pre-COVID.
They acquired Cerner, which had ~30k employees.
Saw someone had a license plate say MPAGES ha
2. They're the primary maintainer of one of the largest programming languages.
3. They do tons of HR/ERP type software.
4. They have a supply chain division (my company is a direct competitor, and we have 2000 employees--it's a drop in the bucket, but a few thousand here, a few thousand there and it starts to add up. Afaik, their supply chain org is bigger than ours).
5. Other things I probably don't know about.
Many of these things come with swarms of consultants who implement the software for companies that don't have any internal technical competency, which swells the number of workers by a lot.
Don't get me wrong, I'm not remotely a fan, I like to quote Bryan Cantrill's rant. However, they do a lot of things.
I have some anecdotal evidence for this. I worked at a medium sized family owned business. They were going through a massive ERP upgrade/replacement. One of the bids was from Oracle. The company was able to essentially test drive each company they were reviewing to see if the software was going to be a good fit.
Oracle's sales team was like a having a football on site. They sent over no less than about 20 people to swarm our pretty small office, barge into the dev spaces and generally annoy the fuck out of everybody for several months. The other vendors? They sent one, maybe two people to work alongside us as we test drove their software.
It was funny being in those meetings listening to people talk about the Oracle people. Nobody even remembered how good or bad their software was. Every single comment was about how overbearing and pushy their sales people were.
Needless to say, we went with a different company.
They mis-aligned but for someone like Boeing or United, they'd go gaga over the footy-crowd.
And all the supporting legal team of course.
So I suspect the answer is: they need _at least_ 10x as many engineers to get things done as you would expect. Maybe more like 50x
And the last comment by 'oraguy' - I hope he just picked up another id because "never work for Oracle again" ...
Clearly shows that either no one understands the whole picture anymore or that it became so diverse custom, that this is the only way of handling this now.
I think though that these companies are more business companies than tech companies and move themselves into this nightmare.
Sure, 100,000 people is a lot, but Oracle also does a lot.
In the real world, there are a lot of things you need to run a business: HR, ERP, Financing, Cloud, Compliance, CRM, etc. There is really only one company who can sell them all to you on one piece of paper, and that's Oracle.
Last F50 I was at did a PeopleSoft migration. We probably had 400 Oracle employees pass through the doors over 2 years helping to get it off the ground.
Most Enterprises don't just buy software and that's it. They buy software + support to implement it for their business.
This is extremely customizable software that is designed to pretty much run your entire business and touched by over 40k employees. It requires a ton of care and feeding. There is plenty of people who dedicate themselves to PeopleSoft. Zip Recruiter is showing 5 jobs near me for "PeopleSoft Administrator"
Soon, it will be table stakes to put scattered internal communications, notes, documents into an AI’s knowledge base, where the information can no longer hide.
When that fails, the AI can read the code itself, so that the settings and how to change them are easily explained in simple terms. Actually, this is possibly even better than letting the scattered internal information serve as an intermediate layer.
Being big is the actual moat.
If they do cut back to their size before the acquisition, while continuing to try and support the EMR, they will be doing a lot more with fewer employees.
The acquisition has already had a lot of bad consequences: https://www.businessinsider.com/oracle-cerner-health-larry-e...
I have friends there who have described how bare-bones things were. This is only going to make it worse.
I would not patronize a hospital system that intended on staying on Cerner Millennium EMRs for the foreseeable future. If things were bad before, they'll only be worse now.
I only wanted to point out that number of jobs in context of the company growth. I found 160k already a huge/gigantic number though.
If you want to use AI to find information like this, tell it to grab you a source and post that.
(EDIT: or 2021)
This round of layoffs was telegraphed at a month or so ago. It's all related to banks getting spooked and pulling funding for their massive data center project and the OpenAI deal being on the rocks.
So, I don't think it's really about their product being good enough, it's more that they've bet the company on data centers and it's starting to look like they just don't have the skills to execute on it.
According to the article as well as blind, the main teams hit were associated with Cerner (EHR) and NetSuite (ERP).
Oracle's AI spend is part of Oracle Cloud.
That said, I guess it can be argued that Cerner and NetSuite being on the chopping block can be attributed to AI because now procurement has the choice to either build in-house via an Anthropic or OpenAI SI like Accenture or TCS or they can negotiate better purchasing terms from a best-in-breed product in HRM and ERP like SAP instead.
I also find it interesting how American and European HNers are much more negative about AI compared to their Chinese, Indian, and Israeli peers even though they have a significant amount to lose as well.
Cerner isn't an EHR, it's an EMR. EHR == Electronic Health Record. Your FitBit data is an Electronic Health Record. EMR == Electronic Medical Record. Your doctor's records, how much blood thinner that nurse is supposed to give grandpa, and whether or not he's a fall risk are things you'd put in an EMR.
You can't just vibecode your way to replacing an EMR. Cerner Millennium has a shrinking, but substantial, footprint at healthcare systems across the country and around the globe. There are 25+ years of bugfixes, caveats, architecture, and other pieces of knowledge to be tracked and accounted for, and you must do so, because if you don't, people under the care of doctors could die.
It's also worth noting that the DoD uses Millennium for active service members, and I think they also use it for TriCare. American taxpayers are on the hook for dealing with the problems that Oracle's cost cuts will produce.
Absolutely, but you can now demand a market leader like Epic to give you a significantly better discount (eg. 20-30% over the 10% you may have previously been offered).
And that is the crux of the "SaaSpocalypse" and why you are seeing targeted layoffs in Oracle specifically for their ERP and EHR products.
> It's also worth noting that the DoD uses Millennium for active service members, and I think they also use it for TriCare. American taxpayers are on the hook for dealing with the problems that Oracle's cost cuts will produce
Absolutely, but they were already on the hook for that before Cerner became a part of Oracle.
Is this on the grounds that you can do it yourself?
Even at the lower ends of the funnel, companies are now extracting significant discounts from market leaders as well as their incumbent vendors becuase they are quote shopping.
Oracle isn't in a position to push back because it isn't a market leader in the segments that NetSuite and Cerner compete in, which makes discount even more critical, which means margins management also becomes significantly more critical.
I wouldn't want to be the hospital executive sitting for a deposition on a medical malpractice suit, explaining how instead of using Epic or Cerner or whomever, they decided to let AI and a bunch of recent college grads from the lowest bidder consulting firm replace a known system. Sounds like a good way to wipe out whatever you saved in costs with court judgments.
Also, switching EMRs is a huge pain in the ass. When I was a fresh-faced employee at an EMR company they sent me and other employees out to help deploy a new system in a client's hospitals in another city. This took a small army of employees, contractors, travel nurses, and consultants to do. Your ass was up at 3 AM, back at your hotel room at 8 PM. Nurses didn't care about what your program did, they wanted it a certain way and they wanted it fixed now. You're hopefully not going to have the hospital leadership saying, "Yeah, you can try this and if you fail, we'll switch again in three years". I can't imagine many healthcare systems doing that, particularly if the physicians are a major component of management.
If it is a board priority to extract favorable terms from vendors (and it absolutely is right now), we will get it done consequences be damned. If you can't do it, we'll fire you and replace you with someone else. You saw this with enterprises making 12-18 month roadmaps to completely tear out VMware ESXi and migrate to Nutanix.
Unlike Broadcom which has a much more diversified business and purchased actual market leaders which allows them to be so vicious, Oracle's SaaS products have a much weaker hand as the headline of churn is much more destabilizing for a market laggard like Cerner or NetSuite than choosing to drop from 90% gross margins to 40% gross for strategic customers - and purchasers know that.
As such, as a business who is not in a position to protect against strongarming purchaser you need to preemptively build additional margins slack where possible, and it is in this vein that the NetSuite and Cerner layoffs happened today.
Sorry, but that sounds as mythical as Bigfoot.
It doesn't matter if the customer is serious because the general sentiment across the board amongst procurement teams is that existing quotes are too high, and that they want to maximize discounting where possible.
If you are a non-dominant player in a market segment as Oracle is in ERP and EHR, you lack leeway to better manage margins pressures and win in a price war.
It is in this vein that mass layoffs like the one Oracle announced occur.
Why pay a premium for a tier 2 product when I can buy the tier 1 product on a discount?
Here is an article in English: https://www.heise.de/en/news/Scrapping-the-millennium-introd...
I agree on other points.
Both Cerner (EHR) and NetSuite (ERP) were laggards in their market segments for years.
If I'm the Director of Enterprise Applications and have a budget allocated to procurement, I have no reason to purchase a laggard product like Cerner or NetSuite even with the Oracle bundle when SAP is giving significant discounts because OpenAI, Anthropic, and GCP are offering partnerships with systems integrations like Accenture or Deloitte to fully build out and manage your own hyperspecific ERP or EHR.
There's no reason to keep investing in products in a market that was already past it's growth stage pre-AI with a clear market winner, especially now that there is downstream pressure that makes build much more attractive than buying an inferior product.
Based on your response, I doubt you even cared to read my entire post.
Edit: can't reply
> I didn't read it because it didn't exist yet, you added it in an edit
It did when I posted. The only edit I made after you posted was fixing HRM to EHR.
> You're not even disagreeing with my response, merely elaborating the mechanism behind it. This is bad faith posting.
I strongly disagree. My entire thesis is that Cerner and NetSuite were bad businesses. If a business is bad you kill the business.
No need to gaslight me and delete your response.
The value is in the “system” itself. The tooling, plugins, knowledge that your staff has the familiarity and skills so as to not require retraining, the interoperability of data with other systems and vendors.
The idea that AI is going to enable a variety of bespoke competitors is truly laughable!
I didn't read it because it didn't exist yet, you added it in an edit.
You're not even disagreeing with my response, merely elaborating the mechanism behind it. This is bad faith posting.
That seems to be a bit of contradiction to your thesis no? OCI is their golden goose now for example.
Markets are a chaotic system and the needs of a business must constantly adapt - or they go out of business.
You jest, but that's pretty much South Korea if this video (and my interpretation of it) is to be believed: https://youtu.be/pjjhrwVYPE8
For those not interested in watching 30 mins of this, long story short, it doesn't bode well. They do have some other circumstances going on in addition though.
This, but unironically. Companies that make money without hiring anyone provide the most "value".
Simultaneously we should stop calling business owners "job creators". They're actually "job minimizers". They only hire people when there's no other choice.
Basically, yet more management by fad.
Back in the Great Depression, my great grandmother got sick and was hospitalized, and they took care of her until she passed. My grandfather did not have enough to pay the bill. The hospital told him not to worry, just pay what he could. It took him a while, but he paid the bill in full.
> and they're better off for it
In the US, the cost of medical care rose in step with inflation until 1968. After that, it rose at a much steeper rate, and has not slowed down. 1968 was when the government got involved with health care.
Countries with a heavily-interfered health care system are poorer as a result.
Consider that getting the government out of healthcare would mean all the rural hospitals close.
Consider who that would most-hurt, while saving you money, before you jump to the humanitarian position. Consider it in light of the 2024 election.
Why not civil war?
> It took him a while, but he paid the bill in full.
How long was “a while” specifically? And how much did it affect your grandfathers life?
My great grandmother's brother, Frank Taylor, fought in the Union Army. He later became a bodyguard for Buffalo Bill. And that's all I know about him, and the personal side of the Civil War.
Keep in mind that doctoring was pretty primitive in those days. A doctor could set your broken bones and sew up wounds, and that's about it. You got better or you died. Doctors were called "sawbones" in those days.
> How long was “a while” specifically?
If I recall correctly, it took him 3 years. I don't know much about his finances.
I do know that his first job was shoveling coal in a steamship, which is a filthy, rotten job.
i spent $57 on a regular size pack of paper towels and toilet paper in the bay area yesterday
truly, the invisible hand is giving us the finger
The government puts its foot on the scale there.
In contrast, look at the software industry. No regulations, yet highly sophisticated software where the price went to zero. I just reinstalled Ubuntu on my (now fixed!) computer, and every bit of the software was 100% free. And I give away the software I write for it!
$zero!! Can you believe it?
Also software can be reproduced without cost. I cannot get back surgery without a lot of physical time and labor and resources.
I think you're rage baiting at this point so I'm done.
The tribes usually treat the members as a family. While kicking someone from a tribe can happen, it's considered to be a harsh punishment.
In a tribe, when hard times come, people usually redistribute. That's a normal, human way of dealing with that situation. Not a layoff.
The other aspect is the economic crises. When a central bank decides to increase interest rates, it decreases lending to new investments in favor of lower inflation. This can lead to layoffs, instead of having inflation inflicted on everyone (especially the rich with huge savings). So that decision is essentially some random guys get kicked out of economic (and societal) participation in order to prevent more redistribution of existing wealth.
If you think about it, yes layoffs are deeply immoral. But we can understand, why they happen in capitalism, as a sort of big tragedy of the commons.
At least this is in the case in the US. What you are saying might be true in other cultures.
Most people's reactions to large-scale movements like this seem to imply that we feel there should be something more than a simple "money duty" between employer and employee, and we seem to also have respect for companies that act that way (e.g, some Japanese companies perhaps, or baseball teams keeping a sick player on the payroll so they get healthcare even though they never play another game).
Attempting to realize that duty and at the same time abscond it to the state or the family may be an aspect of the failing.
It glosses over the fact that employers exercise control over the social relations required for production (of anything larger that can be built by a self-employed person). This happens by virtue of owning all the crucial means of production involved. And that point, where you need to coordinate work of several people, it ceases to be a system of contractors who freely determine their working conditions, and becomes a collective that has a common goal.
So no, it's not case in the U.S., in no economy of the world is majority of production organized into everyone being a little independent contractor who brings (or rents) their own equipment. That would be horribly inefficient (not to mention that people don't want it either, by and large).
There is a clear rebut to this, how can employer own the social relations (required for production), like managerial relationships, when they ostensibly only own the factory equipment? Well, it's like when you own an appartment, you technically only own the four walls, but practically you also enjoy the privacy that comes with it. In a similar way, capitalists owning a factory don't just rent equipment to a bunch workers, but can dictate the whole social superstructure of production, including the redistribution of earnings.
The role an employer plays in societies varies from culture to culture, but note that in many cultures, it is "just a job".
Like when a traumatised kid never loved by the parents concludes that life is harsh and love doesn't exist, so better be tough.
That's a lot of stuff you're saying. Not what I'm saying.
Drama is just in the head of people melted in the ambient narrative, sure.
It's no more immoral than you deciding to buy from Safeway, even though you'd been buying from Fred Meyer before.
Also, employees can quit anytime, no notice required. Nobody is obliged to work.
Irrelevant to the topic at hand. Don’t give me a sob story about mom and pop shop, we’re talking about a trillion dollar company.
> Also, employees can quit anytime, no notice required. Nobody is obliged to work.
Okay? What’s your point?
The grocery stores were run by national chains. Starbucks is global.
> What’s your point?
It's symmetric. Companies employ at will, and workers work at will.
So you’re confirming my point that billion dollar companies (like Starbucks killing mom and pop shop) have disproportionately more power over individuals or what are you saying?
> It's symmetric. Companies employ at will, and workers work at will.
Workers don’t work at will. Last time I checked UBI is not there, so workers work to pay the bills and put food on the table.
They have zero power over individuals. They cannot make you work. They cannot prevent you from working for someone else. They cannot arrest you. They cannot confiscate things from you. They cannot tell you were to live. They cannot shoot your dog. They cannot evict you. They cannot fine you. They cannot tell you what to do after hours. You can quit at any time for any reason. Your rights are completely intact.
> Workers don’t work at will.
"at will" has a legal meaning, meaning they can work or quit or change jobs at any time. No law or company rule can prevent that.
It was chains of their own making, the company was not even aware of it.
They weren't poor people, either. They had a McMansion, nice furniture, snazzy clothes and his&hers new cars.
A friend of mine, much lower on the pay scale, came to me once for some financial advice. He was married, and lived in a modest apartment. He could not pay the bills. The problem was he had his+hers new cars with stiff payments. I advised him to sell the cars, and buy ones he could afford. I was surprised that he followed my advice, and got his finances back on their feet.
A reasonable goal is to save/invest 20% of your income.
P.S. You can cut spending dramatically by getting a roommate. I had roommates for years.
What’s your net worth? How much do you own at moment? How much have you inherited?
> They cannot tell you were to live.
Yes, they can. If you don’t have money to pay for mortgage, you have to leave.
> They cannot shoot your dog.
No, but landlord can say “no dogs”, which will reduce your pool of rental options.
> They cannot evict you.
The banks and government will, right.
> They cannot fine you
So you going from $100k+ salary to, potentially, welfare isn’t a problem at all?
> They cannot tell you what to do after hours.
Of course not, they can just gaslight you under threat of pip to be on-call for extra hours.
> Your rights are completely intact.
Companies have responsibility to society beyond making money to shareholders and upholding legal laws.
> "at will" has a legal meaning, meaning they can work or quit or change jobs at any time. No law or company rule can prevent that.
No wonder “the American Dream” is dead.
Ironically, you (along with a significant number of others) deciding to buy from a competitor will eventually lead to financial trouble for Safeway and thus to layoffs and losses for their investors (pension funds among them).
So, do you find your decision to buy from Fred Meyer "absolutely immoral"?!
Replacing jobs is a bit of a misnomer, but it's certainly allowing us to build out more features in shorter amounts of time.