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Oracle Layoffs: Tech Giant Cuts 21,000 Jobs In One Year As AI Efficiency Takes Hold

As reported by NDTV Profit - Latest
"The adoption and deployment of AI technologies across our operations have resulted, and may continue to result, in reductions to our workforce," Oracle said Monday in an annual financial regulatory filing.
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Oracle has announced significant workforce reductions, cutting 21,000 jobs over the past year. The tech giant attributes these layoffs to the increasing adoption and deployment of AI technologies within its operations. This move reflects a broader trend of AI leading to…

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