alt Hacker NewsI don't think its that easy.
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.
Replies
If I do my python right, from 2010-2020 they grew by 2.5% annually, from 2020 to 2025, they grew headcount by 3.7% annually.
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.
> They clearly did something crazy at corona
They acquired Cerner, which had ~30k employees.
Even at 100k employees I’m still dumbfounded by that number. What do all these people do all day?
In June 2022 the Oracle acquisition of Cerner (a EMR now billed as Oracle Health) closed, so that would be after the 2022 date and before the 2023 date. Cerner was 28,000 employees.
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...
But the up curve at the end very clearly tracks with AI adoption and not Corona?
You need to pair hc with revenue, otherwise this data tells only one story, hc growth.
What's the point of posting statistics if they're not fact-checked and come from no verifiable source? At best they're right but we don't know until someone else fact-checked it for you, and at worst you're just spreading misinformation and we don't know until, again, someone else fact-checked it for you.
If you want to use AI to find information like this, tell it to grab you a source and post that.
More employees to release less stuff.... Smell like consultancy.
So they are returning to 2015 headcount.
(EDIT: or 2021)
The "Something crazy at corona" would likely be, in part, their purchase of Cerner Corporation in 2021-2022. I want to say there were 10k-ish employees? Maybe more?
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.
Where's the annual revenue for context? Those numbers are almost useless alone.
Their profit doubled from 2010 to 2025 though, no?
> (ai generated)
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.