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Oracle has laid off approximately 700 workers across California and these workers are expected to lose their jobs by June 1, California state records show. These job cuts are a part of the larger layoffs that the software giant led by billionaire Larry Ellison announced earlier this month as the company pushes forward with what…
Disney is preparing to cut as many as 1,000 jobs in the coming weeks, marking one of the first significant actions under the new CEO Josh D’Amaro, according to a Wall Street Journal report. The layoffs will mainly affect the company’s marketing department, which was recently consolidated as part of a broader cost-cutting effort. As…
Amazon may be planning another round of layoffs in May 2026, potentially affecting around 14,000 employees globally. The cuts are expected to primarily target white-collar workers and mid-level management at job levels L5 through L7, across divisions including AWS, retail, and human resources. This would be Amazon’s third major reduction in under a year, following…
Goldman Sachs has warned that losing a job due to artificial intelligence (AI) could have long-term financial impact, with workers facing lower earnings and slower career growth for years. In a new report, the Wall Street bank said its analysis of 40 years of labour market data shows that workers displaced by technology often continue…
It’s been less than a week since Oracle announced thousands of layoffs across its offices worldwide. Oracle layoffs were notified to fired employees in an email at 6 a.m. on March 31. The email sent to thousands of employees informed them that Tuesday (March 31) would be their last day. “After careful consideration of Oracle’s…
Oracle announced to cut jobs across its global office last month, impacting thousands of employees. The layoffs, which were communicated through an early 6am email, have triggered reactions across the tech industry. Amid this, a former Microsoft senior executive has shared a LinkedIn post with a message for the laid off Oracle employees. Sara N,…
Oracle is laying off at least 10,000 employees—potentially up to 30,000—as it struggles to manage the cash demands of a $300 billion cloud computing deal with OpenAI. The cuts, Oracle’s largest-ever restructuring, span divisions including Oracle Health, Cloud, Sales, and NetSuite. With debt exceeding $100 billion and free cash flow deeply negative, the company is…
Oracle’s Q3 FY2026 earnings release, filed the same week thousands of employees received termination emails, contained a quiet but telling admission: the company had already been restructuring its product development teams into smaller groups, using AI code generation to build software with fewer people. The layoffs, Oracle’s largest-ever restructuring, hit teams across Oracle Health, Cloud,…
Canadian billionaire and former Shark Tank investor Kevin O’Leary has now offered a different perspective on the topic of artificial intelligence replacing human jobs. According to a report by Benzinga, speaking on The Iced Coffee Hour podcast, O’Leary emphasised that AI has actually made human creativity more valuable than ever, opening doors to lucrative opportunities…
Mark Zuckerberg‘s Meta is cutting more jobs. Meta is laying off hundreds of employees in Silicon Valley as the tech giant heavily invests in artificial intelligence (AI). Meta is slashing hundreds of employees in Silicon Valley as the tech giant heavily invests in artificial intelligence and weighs axing over 20% of its workforce. Two filings…
