Get the app
Business & EnterpriseAI Research

Oracle Cuts 21,000 Jobs in One Year, Blames AI For at Least Some

Covered by 2 sources
Read full post
Oracle announced a reduction of 21,000 jobs over the past year, attributing part of the layoffs to the impact of AI on its business operations. The company cited automation and AI-driven efficiencies as factors influencing workforce changes.

Covered by 2 sources

More on this story

#automation#job-cuts#oracle

More in Business & Enterprise

Business & Enterprise7 min read

Apple’s first foldable is the iPhone Duo, and it costs $1,999

Covered by 6 sources
Business & Enterprise2 min read

Universal Music is launching an AI music platform with ElevenLabs

Covered by 2 sources
Business & Enterprise

Robotics Startup Skild AI Hits $100 Million in Revenue Run Rate

Covered by 2 sources