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by monksy
72 days ago
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250k/year. I'm not an arch. But that was the absolute high end for IC5. (Unobtainable) Oracle is not a high payer of salaries. I disagree that its a "signal that they overhired". Laying off people means: 1. They didn't plan well enough 2. Their business wasn't attractive enough to customers 3. Their business people aren't good enough to support the people who are developing their product. If anything, it should be a red flag to investors that they're working with someone they can't trust to give money. |
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All three of those points, to me, would still indicate that the CEO and executives are very bad at their jobs.