Oracle. You may know them. Larry Ellison, the CEO and long time Trump supporter and mega-donor, just laid off 30,000 employees last week. They cited changes in the industry causing them to do this.
Today, they hired a new CFO. Want to guess what their compensation is?
$29,700,000. Yes, $29.7 Million dollars.
Her name is Hilary Maxson. Previously she was the CFO at Schneider Electric where her compensation package was $2.5 Million in 2020, growing each year just a little bit from the previous year until she reached 2025 where she was compensated $2.8 Million.
Prior to this, she was a SVP for Schneider Electric, pulling in about $800,000 annually.
Larry Ellison just paid her over 10x what she was previously making.
Let’s get one thing clear. Oracle (who’s insanely invested in AI, and buying up all the components, which is creating a worldwide emergency shortage of chips, hard drives, memory, and processors) is causing basically everything from baby food to your Netflix subscription to go up in price. They shit-canned 30,000 people, so they can give this worthless sack of fucking skin nearly $30,000,000 a year.
Tell me, Larry. What can this bitch bring to the table that values her at $30,000,000 a year, more than 10x what she was making just a couple days ago?
Fuck it. Add Hilary Maxson to the list of people who should be fucking shot out of a cannon directly into the sun. Don’t worry. I’m not just ragging on her because she’s a woman. That cannon is loaded with a completely disproportionate amount of men over women, and Larry Ellison is near the top of that list.
Welcome to capitalism, baby.