The tech giant has launched a new wave of lay-offs in the US. The scale of the cuts remains unknown, but it comes after Oracle’s global workforce was already reduced by 21,000 within a year.
The tech giant has launched a new wave of lay-offs in the US. The scale of the cuts remains unknown, but it comes after Oracle’s global workforce was already reduced by 21,000 within a year.
In an Instagram post, Ruffalo shared a video of Safra Catz, vice chair of Oracle, discussing the technological assistance the company provided to Israel following the Hamas-led October 7 attack.
Oracle laid off ~13% of its staff to fund a $300B computing deal with OpenAI. Now, a credit downgrade and $7B in required power grid guarantees put the massive project in jeopardy.
Oracle laid off ~13% of its staff to fund a $300B computing deal with OpenAI. Now, a credit downgrade and $7B in required power grid guarantees put the massive project in jeopardy.