Sources: Oracle is planning to cut thousands of jobs as soon as March, among its moves to handle a cash crunch from a massive AI data center expansion effort
Oracle Corp. is planning to ax thousands of jobs, among its moves to handle a cash crunch from a massive AI data center expansion effort.
Bloomberg Brody Ford
Related Coverage
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- Larry Ellison's Oracle slashing thousands of jobs due to AI cash crunch: report Reuters
- Oracle to cut thousands of jobs amid AI data center spending push, Bloomberg reports Proactive · Angela Harmantas
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- Oracle to slash thousands of jobs on AI expansion: Bloomberg Capital Brief
Discussion
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@brodyford_
Brody Ford
on x
scoop: Oracle is planning thousands of layoffs as it spends big on data centers. some of the cuts will be aimed at roles they think AI could replace. $orcl https://www.bloomberg.com/...
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@prietschka
Paul Rietschka
on bluesky
Look for a 1/4-1/3 overall reduction in head count in tech over the next 2-5 years, perhaps as much as 1/2. — The total number of employees in tech today is the highest it will ever be; the future of tech employment is no tech employment. — If you're in the sector plan accord…
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r/wallstreetbets
r
on reddit
Oracle Plans Thousands of Job Cuts in Face of AI Cash Crunch
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r/technology
r
on reddit
Oracle Plans Thousands of Job Cuts in Face of AI Cash Crunch
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NewsMax.com
NewsMax.com
on x
Oracle to Slash Thousands of Jobs Due to Costly AI Push
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@therealadamg
@therealadamg
on x
Despite all the BS, I still strongly believe this.
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@thejobchick
Amanda Goodall
on x
ORACLE LAYOFFS UPDATE: A few weeks ago I posted this: 👇 • mandatory weekly 1-on-1s • sudden 15-minute manager “catch-ups” • Employee Relations language ramping • EVP message: “learn AI on your own time” I said it looked like performance review standardization. Today:
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@brodyford_
Brody Ford
on x
Larry Ellison's Oracle is spending big to build AI data centers for OpenAI and other customers. This has meant a crunch for cash over the next few years. [image]
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r/employeesOfOracle
r
on reddit
Oracle Plans Thousands of Job Cuts in Face of AI Cash Crunch