Kevin BeaumontOracle have laid off 30k employees today. They did it to personal email accounts at 6am 🫡 saying they needed the money to spend on GenAI instead. https://thenextweb.com/news/oracle-layoffs-march-2026
Oracle’s share price since they went GenAI nuts:
wall-e@GossiTheDog may they crash and burn 🙏
Lars Marowsky-Brée 😷@wall_e @GossiTheDog The company and in particular Larry? Sure, good riddance.
But this throws 30k humans into potential crisis, and I don't think that "good riddance" is a great response to that.