Oracle Cuts 21,000 Jobs as AI Expansion Reshapes Workforce
Oracle has cut around 21,000 jobs globally over the past year, reducing its workforce by nearly 13% as it shifts focus toward AI infrastructure. The company is investing billions in data centres and cloud services, reflecting a broader tech industry trend of layoffs amid rising AI spending.
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Oracle has cut around 21,000 jobs globally over the past year, reducing its workforce by nearly 13% as it shifts focus toward AI infrastructure. The company is investing billions in data centres and cloud services, reflecting a broader tech industry trend of layoffs amid rising AI spending.
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