Thread regarding Oracle Corp. layoffs

Rethorical Question: Do you think a recession is coming?

... and what will be an impact on Oracle?

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| 1358 views | | 9 replies (last )
Post ID: @OP+1gG9LjQQ

9 replies (most recent on top)

The probability for recession has definitely increased of late, but nobody can say for certain that it will happen. AFAIK, comp this year will be roughly the same as last year. Next year is anyone's guess.

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Post ID: @7yoj+1gG9LjQQ

The People Who Own Us, you know the Fed and all those monetary policy orgs, they are rooting for recession in order to cool the labor market. So all that recession talk? It’s out there for a reason: FUD.

Don’t feed this gigantic troll

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Post ID: @2orz+1gG9LjQQ

As bad as our bonuses have been for this fiscal, next year they will be half this year’s (assuming they don’t drop you, and you are reduced to being a Walmart greeter, or flipping burgers at the Golden Arches)

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Post ID: @2rsw+1gG9LjQQ

It's already around the corner! Some companies are now starting to layoff people because their stock price was already cut in half. How can people say there will be no recession??

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Post ID: @1mob+1gG9LjQQ

100%

they will not give us raises and inflation will continue

we'll be paid less

not good for us

good for them

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Post ID: @1qde+1gG9LjQQ

Yes it is coming. We are one quarter away from having one with inflation running out of control (real inflation is close to 15% when you factor energy and food something they do not include in today's figures. See shadowstats.com for the details) and with the fed raising interest rates to try to get it under control and the fed printing yet more money it is all but inevitable.

It will give Oracle plenty of excuse to cut even more, people benefits, you name it.

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Post ID: @1xkq+1gG9LjQQ

No I don’t think a recession will happen. Yes there is some inflation. Unemployment is 3% though.

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Post ID: @1kpu+1gG9LjQQ

By keeping our wages down during the good years, they can continue to pay us during the lean, like biblical Joseph in Egypt.

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Post ID: @1bds+1gG9LjQQ

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