this post was submitted on 31 Mar 2026
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[–] EncryptKeeper@lemmy.world 8 points 11 hours ago (2 children)

These jobs aren’t being lost due to efficiency increases from AI. They’re being lost because Oracle wants to build more AI Datacenters and can’t afford to. Banks stopped fronting them money to do so, so they’ve laid all these employees off the increase capital.

[–] Tollana1234567@lemmy.today 1 points 1 hour ago

oracle might just self destruct before they can do too much damage with CNN they took over.

[–] Chippys_mittens@lemmy.world 1 points 11 hours ago