Oracle AI layoffs could reach 45,000
Oracle could cut 45,000 jobs as AI replaces database and engineering roles.
The cuts could represent a significant portion of Oracle's workforce, potentially exceeding 30% of its total employees. The database and engineering roles are reportedly being targeted as AI takes over these functions. Oracle's investment in AI technologies like generative AI may be driving this shift. The company is looking to increase efficiency and reduce costs by automating tasks previously performed by human employees. These potential layoffs come as Oracle is facing increasing competition in the cloud computing market. Other tech companies are also exploring AI to optimize operations.
