Oracle have laid off 30k employees today. They did it to personal email accounts at 6am 🫡 saying they needed the money to spend on GenAI instead. thenextweb.com/news/oracle-lay…
Oracle’s share price since they went GenAI nuts:
Oracle is cutting up to 30,000 employees to pay for AI data centres
Employees across the US, India, Canada, and Mexico woke up on 31 March to termination emails from “Oracle Leadership” with no prior warning.The Next Web
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