Oracle is reportedly planning to cut thousands of jobs across various departments, potentially starting this month. According to Odaily, the layoffs target positions deemed less necessary due to advancements in artificial intelligence. As of the end of May 2025, Oracle's global workforce stands at approximately 162,000 employees, with the layoff plans still under development and subject to change. The company is currently expanding its data centers to support AI workloads for clients like OpenAI
source: https://www.binance.com/en/square/post/299548097377570?utm_source=BinanceNewsRSS