Oracle may slash up to 30k jobs to fund AI data-centers as US banks retreat
Oracle is considering cutting 20,000 to 30,000 jobs and selling some operations to generate $8 billion to $10 billion in cash flow. This decision comes as US banks reduce financing for Oracle's AI data-center expansion.
cio.com
🔥🔥🔥🔥🔥
5 min
3/8/2026
Oracle may slash up to 30k jobs to fund AI data-centers as US banks retreat
Oracle is considering cutting 20,000 to 30,000 jobs and selling some operations to generate $8 billion to $10 billion in cash flow. This decision comes as US banks reduce financing for Oracle's AI data-center expansion.
cio.com
🔥🔥🔥🔥🔥
5 min
3/8/2026
Oracle may slash up to 30k jobs to fund AI data-centers as US banks retreat
Oracle is considering cutting 20,000 to 30,000 jobs and selling some operations to generate $8 billion to $10 billion in cash flow. This decision comes as US banks reduce financing for Oracle's AI data-center expansion.
cio.com
🔥🔥🔥🔥🔥
5 min
3/8/2026
No more articles to load