An anonymous reader quotes a report from Bloomberg: Oracle is trying -- and sometimes struggling -- to attract workers to Nashville, where it is developing a massive riverfront headquarters. The company is hiring for more roles in Nashville than any other US city, with a special focus on jobs in its crucial cloud infrastructure unit. Oracle cloud workers based elsewhere say they've been offered tens of thousands of dollars in incentives to move. Chairman Larry Ellison made a splash in April 2024 when he said Oracle would make Nashville its "world headquarters" just a few years after moving the software company from Redwood City, California, to Austin. His proclamation followed a 2021 tax incentive deal in which Oracle pledged to create 8,500 jobs in Nashville by 2031, paying an average salary above six figures. "We're creating a world leading cloud and AI hub in Nashville that is attracting top talent locally, regionally, and from across the country," Oracle Senior Vice President Scott Twaddle said in a statement. "We've seen great success recruiting engineering and technical positions locally and will continue to hire aggressively for the next several years." Still, Oracle has a long way to go in its hiring goals. Today, it has about 800 workers assigned to offices in Nashville, according to documents seen by Bloomberg. That trails far behind the number of company employees in locations including Redwood City, Austin and Kansas City, the center of health records company Cerner, which Oracle acquired in 2022. A lack of state income tax and the city's thriving music scene are touted by Oracle's promotional materials to attract talent to Nashville. Some new hires note they moved because in a tough tech job market, the Tennessee city was the only place with an Oracle position offered. To fit all of these workers, Oracle is planning a massive campus along the Cumberland River. It will feature over 2 million square feet of office space, a new cross-river bridge and a branch of the ultra high-end sushi chain Nobu, which has locations on many properties connected to Ellison, including the Hawaiian island of Lanai. [...] Oracle has been running recruitment events for the new hub. But a common concern for employees weighing a move is that Nashville is classified by Oracle in a lower geographic pay band than California or Seattle, meaning that future salary growth is likely limited, according to multiple workers who asked not to be identified discussing private information. A weaker local tech job market also gives pause to some considering relocation. In addition, many of the roles in Nashville require five days a week in the office, which is a shift for Oracle, where a significant number of roles are remote. For a global company like Oracle, the exact meaning of "headquarters" can be a bit unclear. Austin remains the address included on company SEC filings and its executives are scattered across the country. The city where Oracle is hiring for the most positions globally is Bengaluru, the southern Indian tech hub. Still, Oracle is positioning Nashville to be at the center of its future. "We're developing our Nashville location to stand alongside Austin, Redwood Shores, and Seattle as a major innovation hub," Oracle writes on its recruitment site. "This is your chance to be part of it."

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The National Transportation Safety Board said in a report this week that a UPS cargo plane that crashed in Louisville, Ky., last year, killing 15, had a structural flaw that the manufacturer Boeing had previously concluded would not affect flight safety. The New York Times: The N.T.S.B. has said that cracks in the assembly holding the left-side engine in place may have contributed to the November crash, though it has not officially cited a cause. The part had fractured in similar fashion on at least four other occasions, on three different airplanes, according to the report, which cited a service letter that Boeing issued in 2011 regarding the apparent flaw. In the service letter, which manufacturers issue to flag safety concerns or other problems to aircraft owners, Boeing said that fractures "would not result in a safety of flight condition," N.T.S.B. investigators wrote. The plane that crashed was an MD-11F jet, made by McDonnell Douglas, a company that Boeing acquired in the 1990s. It was taking off from Louisville and bound for Hawaii on Nov. 4 when a fire ignited on its left engine shortly after takeoff. The plane crashed into several buildings, including a petroleum recycling facility, on the outskirts of the Louisville Muhammad Ali International Airport. The three crew members on board and 11 people on the ground were killed in the crash; a 12th person on the ground died of injuries sustained during the episode.

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Amazon wants a federal judge to reject Saks Global's bankruptcy financing plan, writing in court papers the beleaguered department store "burned through hundreds of millions of dollars in less than a year" and failed to hold up their agreement. From a report: When Saks acquired Neiman Marcus for $2.7 billion in December 2024, Amazon invested $475 million into the venture on the grounds the retailer would start selling its products on Amazon's website and the tech company would offer technology and logistics expertise. "That equity investment is now presumptively worthless," Amazon's attorneys wrote in a Wednesday filing, hours after Saks filed for Chapter 11 bankruptcy protection. "Saks continuously failed to meet its budgets, burned through hundreds of millions of dollars in less than a year, and ran up additional hundreds of millions of dollars in unpaid invoices owed to its retail partners." As part of the deal, Saks launched a branded "Saks at Amazon" storefront on the e-commerce company's website featuring a range of luxury fashion and beauty items. It also agreed to pay a referral fee for Saks-branded goods sold on the platform, guaranteeing at least $900 million in payments to Amazon over eight years.

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White-collar workers stuck in a cycle of layoffs and stagnant wages might want to look past the traditional tech, finance and media job postings to an unexpected source of opportunity: the blue-collar sector, which faces a labor shortage and is seeing rapid transformation through private-equity investment. These jobs are generally less vulnerable to AI, and the earning trajectory can be steep, the WSJ writes. At Crash Champions, a car-repair chain that has grown from 13 locations in 2019 to about 650 shops across 38 states, service advisers start at roughly $60,000 after a six-month apprenticeship and can double that within 18 months, according to CEO Matt Ebert. Directors overseeing multiple locations earn more than $200,000. Power Home Remodeling, a PE-backed construction company, says tech sales professionals earning $85,000 to $100,000 could make lateral moves after a 10-week training program. The share of workers in their early 20s employed in blue-collar roles rose from 16.3% in 2019 to 18.4% in 2024, according to ADP -- five times the increase among 35- to 39-year-olds.

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