Oracle expected to slash thousands of jobs as massive AI spending creates financial cash crisis Oracle reportedly planning massive layoffs involving thousands of employees as AI spending creates cash crunch. Job cuts could reportedly affect 18% of total workforce. Orignial Source: https://www.foxbusiness.com/economy/oracle-expected-slash-thousands-jobs-massive-ai-spending-creates-financial-cash-crisis Previous article: G7 finance ministers to discuss emergency oil reserve release amid price surge: report Prev Next article: Crude oil prices exceed $100 a barrel as war in Iran disrupts production, shipping Next
