Oracle Cloud

Oracle Cut 21,000 Jobs In 12 Months, Says AI Replaced Some Roles

Oracle is under financial pressure because of an expensive build-out of AI data centers for customers like OpenAI.

External source Deccan Chronicle 24 Jun 2026, 1:29 pm 1 min brief

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What this story is about

Oracle is under financial pressure because of an expensive build-out of AI data centers for customers like OpenAI.

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