I think this sucks for the people being laid off but what exactly should they be held accountable for?
It's not like over-hiring or laying people off is a crime. The employees presumably knew the deal going in (that they could be laid off). They got compensated for the time they worked.
No one owed them a job at Oracle in the first place. (Again, not to diminish how bad it feels / shocking it can be to be laid off!)
> what exactly should they be held accountable for?
Bad leadership. Costing the company a ton of money and goodwill. Need I go on?
> but what exactly should they be held accountable for?
For over hiring 30K people.
Labor is a commodity. You don’t apologize to the commodity for changing your spending habits and walking past it in the store.
making wrong decisions at work has no consequences for you? where do you work?
If I am bad at my job, I get fired. For better or worse, this is what happens.
If a CEO is bad at his or her job (e.g. wasting billions of dollars on employees that they don't need), apparently he or she can fire 20% of the company and give himself a bonus for making such a tough decision.