Oracle Cuts Up to 30,000 Jobs to Fund AI Infrastructure Push

Oracle (NYSE: ORCL) began eliminating thousands of jobs Tuesday in what analysts believe could be the largest workforce reduction in the company’s history, as the software giant drains its balance sheet to fund an aggressive bet on artificial intelligence infrastructure. Employees across the US, India, Canada, Mexico, and other countries received termination emails from “Oracle […] The post Oracle Cuts Up to 30,000 Jobs to Fund AI Infrastructure Push appeared first on the deep dive.