Tag: Oracle job cuts

Tech layoffs top 73,000 in 2026 as AI drives cuts at Meta, Oracle, others
Posted in Startups

Tech layoffs top 73,000 in 2026 as AI drives cuts at Meta, Oracle, others

Layoffs in the tech sector are accelerating, with more than 73,000 roles already eliminated across 95 companies in 2026. The latest major firm to announce…

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Oracle Chairman Larry Ellison. Last month, Oracle said that it would raise as much as $50 billion in 2026 to fuel its AI data centre plans. (Reuters)
Posted in Business

Oracle layoffs to impact thousands in AI cash crunch| Business News

Oracle Corp. is planning to ax thousands of jobs, among its moves to handle a cash crunch from a massive AI data centre expansion effort….

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