Oracle Cuts 21,000 Jobs As It Embraces AI https://developers.slashdot.org/story/26/06/23/0548201/oracle-cuts-21000-jobs-as-it-embraces-ai?utm_source=rss1.0mainlinkanon
Oracle Cuts 21,000 Jobs As It Embraces AI…
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Oracle Cuts 21,000 Jobs As It Embraces AI - Slashdot
Oracle cut roughly 21,000 jobs over the past year as it reorganized around AI and ramps up spending on data centers for customers such as OpenAI and Meta. The restructuring cost the company about $1.8 billion and, while Oracle says AI deployment may drive further reductions, it also warns the cuts c...
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