Oracle is planning massive layoffs of 20,000 to 30,000 employees—its largest ever—to generate $8-10 billion in cash flow for escalating AI data center costs, including a $156 billion OpenAI deal requiring 3 million GPUs.
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Oracle is planning massive layoffs of 20,000 to 30,000 employees—its largest ever—to generate $8-10 billion in cash flow for escalating AI data center costs, including a $156 billion OpenAI deal requiring 3 million GPUs.
Read more
