Oracle Fires Thousands Of Employees As AI Spending Ramps Up

Oracle on Tuesday conducted a round of layoffs affecting thousands of employees, citing “current business needs,” according to multiple reports, resulting in a rise in the software maker’s stock as it plans to ramp up spending on AI this year.

Read the full story on Forbes: https://www.forbes.com/sites/tylerroush/2026/03/31/oracle-fires-thousands-of-employees-as-ai-spending-ramps-up-shares-rise-2/

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Видео Oracle Fires Thousands Of Employees As AI Spending Ramps Up канала Forbes