Oracle has laid off thousands of workers as the company pours billions into AI data centers. The cuts will help offset massive debt taken on for the Stargate project with OpenAI and Softbank. Barclays noted Oracle workers have been less productive than industry peers. https://gizmodo.com/oracle-lays-off-thousands-to-offset-ai-spending-2000740924 #AIagent #AI #GenAI #WorkforceDisruption #Oracle
Oracle Lays Off Thousands to Offset AI Spending

Over 500 Oracle workers are being laid off in Kansas City alone.

Gizmodo