Oracle Appoints Hilary Maxson As CFO With $29.7 Million Package After Firing 30,000 Employees

https://www.ndtv.com/feature/oracle-appoints-hilary-maxson-as-cfo-with-29-7-million-package-after-firing-30-000-employees-11323707

40 Comments

  1. HeadCryptographer152 on

    I know it’s a dumb question, but why do we keep paying C Suite Execs the ARR of a small company?

  2. Pretty much every single executive/high level manager at a company are soulless psychopaths. Sure, there’s the occasional good one but they’re the massive exception, not the rule. I hope her pillow is always warm at night.

  3. Triingtolivee on

    It’s crazy how they can give one person that big of a bonus but they will fire thousands in the disguise to save money. So many families suffer so one person can reap all the wealth. At that point it’s not capitalism, it’s greed.. and one of the long list of reasons there’s such a big disparity between wealth in this country.

  4. Informal-Pair-306 on

    People are expected to die out and not afford a standard of living. This is a natural outcome of a small few appointing themselves technocrats.

  5. Too much disruption , so not many will survive past 5 years. Definitely a sign of panic.

  6. Dont forget they rehired like 8k people as contractors for less money than they were making and no benefits also

  7. no_f-s_given on

    of course they did. Larry Ellison and his entire executive team are ghouls. pretty sure they actively hate anyone who they consider an expense. Maxson is clearly a disgusting creep as well.

    i really, really hope Oracle goes down with their bet on AI.

  8. Ponzi scheme finds new Chief Lying Officer to cook the books and bilk shareholders before the AI bubble bursts.

  9. It’s insane that we put up with this. We need to strike and boycott. It’s like we’re in an abusive relationship and we just keep going back after they beat us up and throw us on the street.

  10. “This isn’t just a business – ITS A FAMILY – and every family has broke-ass bitches, which is all of you that got let go.”

  11. Big-Significance3409 on

    Of course. Executives get the tons of money. It’s there given right 🤮

  12. And these C-suites wonder why people are cheering for Iran to bomb their data centers.

  13. ClutchDumars on

    This has been going on for Decades. Pay executives HUGE yearly salaries while the company lays off the worker ants and eventually fails and files for bankruptcy.

    Look at the salaries of every Ceo or Cfo of major companies that have gone bankrupt in the last 40 years, look how much they got paid as the companies went in the toilet. Failure has never been more profitable.

  14. If she isn’t a symbol of the greed and corruption in society I’m not sure what is.

  15. No one deserves that much money. Don’t bother arguing. If you disagree you’re part of the problem.

  16. A_NightBetweenLives on

    Capitalism is broken. In a just system, if anyone ever fired that amount of people, they’d be blacklisted forever and poor. Their failures lead to disaster. But not in capitalism… Here, we celebrate and reward that shit. There is no saving this system. We either evolve past it or die as a result of it.

  17. Hmmm, how many of those employees could they have kept if they just laid off her instead?

  18. darkwingfuck on

    She looks so rich that she is inbred. If you think Hollywood has nepotism, her family probably lorded over peasant farmers.

  19. That’s where all the money goes. It’s an upside down pyramid top heavy with $$ execs

  20. She’s a classic “capex-heavy” CFO. At AES Corporation, she financed power plants – so she fits well as Oracle Corporation becomes an utility company

  21. RebelStrategist on

    C-suite gods are so over paid. You cannot have a successful business without the worker bees you just fired.

  22. slappingdragon on

    1 CFO does not equal 30000 employees.

    CFOs are replaceable the only thing they’re good at is sitting in their office and eat their lunch everyone else running around doing their job to make them look good.