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Oracle workforce shrinks by about 21,000 employees amid AI adoption(reuters.com)
30 points by tartoran a day ago | 6 comments
Ancalagon a day ago | parent | next [-]

Is this in addition to the 30k layoffs they announced earlier this year?

rcbdev 17 hours ago | parent | prev | next [-]

This vendor claims that they can service their customers with 21k less employees... in the same quality?

Our economy is a fraud.

pseudohadamard 10 hours ago | parent [-]

Years ago I worked for a company in a consortium that put in a bid for a government contract. The government agency said the amount quoted was a bit high, and was there any way they could bring the cost down a bit. The consortium re-submitted essentially the same work as before but at something like a quarter of the cost of the first one. The government agency told them what they could do with their bid, and to never submit anything to them again.

eutropia a day ago | parent | prev | next [-]

They've got to find some way to afford those data centers, can you blame them?

NomDePlum 21 hours ago | parent [-]

This is the underlying reason. Basically need to free up cashflow to pay for data centres so got rid of the people as the easiest option.

dnnehgf 21 hours ago | parent | prev [-]

that's a large number