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Companies Cut 60,000 Jobs In March—And AI Is Largely To Blame
Oracle, Meta, Block and other tech companies are heavily investing in AI—at the cost of human workers.
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cnbc.com
Oracle cutting thousands in latest layoff round as company continues to ramp AI spending
Oracle has ratcheted up its capital expenditures as it builds data center infrastructure that can handle AI workloads.
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theguardian.com
US tech firm Oracle cuts thousands of jobs as it steps up AI spending
Company chaired by Trump ally Larry Ellison seeks to reassure investors that bet on AI infrastructure will pay off
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forbes.com
Companies Cut 60,000 Jobs In March—And AI Is Largely To Blame
Oracle, Meta, Block and other tech companies are heavily investing in AI—at the cost of human workers.