nixCraft 🐧Mar 31
Oracle laid off between 20,000 and 30,000 employees Tuesday and it started with a 6 AM email. Employees across the US, India, Canada, and Mexico woke up on 31 March to termination emails from “Oracle Leadership” with no prior warning. TD Cowen estimates the cuts will affect 18% of Oracle’s 162,000-person workforce and free up $8-10 billion to fund AI infrastructure https://thenextweb.com/news/oracle-layoffs-march-2026
Oracle is cutting up to 30,000 employees to pay for AI data centres

Employees across the US, India, Canada, and Mexico woke up on 31 March to termination emails from “Oracle Leadership” with no prior warning. TD Cowen estimates the cuts will affect 18% of Oracle’s 162,000-person workforce and free up $8-10 billion to fund AI infrastructure. Oracle has not confirmed the total number. Oracle began executing what […]

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@nixCraft When the bubble pops (and it looks like that's getting really close) that is going to wreck them...

The sickening thing is, their solution won't be to tighten their own belts and buckle down. They'll issue raises to the board and CEO for their smart decisions that led them to that fail point, then reduce employee wages to minimum wage.

Mar 31 at 6:42pmWeb