Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Independent UK
The Independent UK
Business
J.R. Duren

Oracle reveals who it laid off at company - and it’s the latest AI alarm for white-collar workers

Tech giant Oracle announced this week that up to 30,000 employees would lose their jobs, and official documents have put a finer point on just who is being let go in the sweeping lay-offs.

Oracle sent lay-off notices via email at 6 a.m. local time Tuesday to employees in Canada, India, Mexico, and the U.S, citing “broader organizational change” as the reason, according to Business Insider. The company made the cuts to free up $8 billion to $10 billion to fund AI projects, according to The Next Web.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.