Oracle: 15,000 jobs cut
Oracle announced a significant layoff of 15,000 employees, the largest in its history, as part of a strategic move to fund the expansion of its AI data centers. This reduction is indicative of the company's shift towards automation and AI-driven initiatives. Approximately 160,000 employees were reported prior to the layoffs.
Conservative
15,000
Core Estimate
15,000
Upper Bound
15,000
Sources
Oracle Executes the Largest Layoffs in its History to Fund AI Data Centers - ColombiaOne.com
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