Oracle may slash up to 30,000 jobs to fund AI data-center expansion as US banks retreat

tech·Technology byRimu

Oracle may slash up to 30,000 jobs to fund AI data-center expansion as US banks retreat

Oracle is now struggling to get loans to pay for its data center buildout to meet its $300B deal with OpenAI. They may need layoffs to come up with the money.

https://www.cio.com/article/4125103/oracle-may-slash-up-to-30000-jobs-to-fund-ai-data-center-expansion-as-us-banks-retreat.htmlOpen link View original on piefed.social

Comments1