Oracle May Lay Off up to 30,000 Employees, And The Reason is 'Commitment' to Sam Altman's OpenAI
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Oracle May Lay Off up to 30,000 Employees, And The Reason is 'Commitment' to Sam Altman's OpenAI
Oracle is reportedly considering one of its largest workforce reductions yet, with up to 30,000 jobs possibly being cut as the company shifts capital into AI infrastructure and its expensive partnership commitments — including providing cloud capacity for Sam Altman’s OpenAI. The move comes amid rising costs, tightening bank financing and ...
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