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Oracle layoffs approximately 21k in the fiscal year

MarsBitNews
Oracle layoffs approximately 21k employees in the fiscal year, a reduction larger than previously known levels, including positions eliminated due to the use of artificial intelligence (AI). Oracle stated on Monday in its annual financial regulatory filing: "The adoption and deployment of AI technology across our businesses has already led to, and may continue to lead to, a reduction in employee numbers." (Sina Finance)
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