Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Oracle to cut thousands of jobs globally starting March 2026 due to AI and cloud spending pressures.

flag Oracle is planning to cut thousands of jobs globally starting as early as March 2026 amid financial pressure from its aggressive AI and cloud infrastructure investments. flag The company, aiming to compete with Amazon and Microsoft, is raising up to $50 billion through debt and equity to fund data center expansions, which are expected to drain cash flow for years before yielding returns around 2030. flag Job reductions may target roles made redundant by automation and AI, with hiring frozen across its cloud division. flag The move follows over 10,000 layoffs in 2025 and a $1.6 billion restructuring plan, reflecting broader tech industry trends driven by rising AI costs.

16 Articles