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Oracle slashes 30,000 jobs with a cold 6 a.m. email


It was not a phone call. It was not a meeting. For thousands of Oracle employees across the globe, Tuesday morning began with a single email landing in their inboxes just after 6 a.m. EST — and by the time they finished reading it, their careers at one of the world’s largest technology companies were over.

Oracle has launched what analysts believe could be the most extensive layoff in the company’s history, with estimates suggesting the cuts will affect between 20,000 and 30,000 employees — roughly 18% of its global workforce of approximately 162,000 people. Workers in the United States, India, and other regions all reported receiving the same termination notice at nearly the same hour, sent under the name “Oracle Leadership.”

in reply to geneva_convenience

The layoffs are directly tied to Oracle’s aggressive and debt-heavy expansion into artificial intelligence infrastructure
money the company urgently needs to fund a massive buildout of AI data centers


The bubble can't burst soon enough.

in reply to Ulu-Mulu-no-die

I have a feeling Larry Ellison spending billions buying up TikTok and other media to turn them into Zionist propaganda rags might also be playing a role
This entry was edited (37 minutes ago)