Business · 1h ago
Oracle cuts 12,000 jobs, blames AI automation
Oracle laid off about 12,000 workers, citing AI deployment as a factor. The company's regulatory filing says AI-driven efficiencies will continue to reduce headcount. This marks one of the largest tech layoffs directly attributed to AI adoption.
Meridian48 take
Oracle's admission that AI is replacing workers is a rare, candid acknowledgment of a trend many tech firms downplay.
Read the full reporting
Oracle admits it has cut 21,000 jobs, admits 'deployment of AI technologies across our operations have resulted, and may continue to result, in reductions to our workforce' →
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