Tech Industry

Oracle Launches Massive Layoffs, Up to 30,000 Workers Affected as AI Spending Surges

Oracle announced a massive layoff plan affecting up to 30,000 employees globally, marking another tech giant cutting jobs to fund its AI investments, following similar moves by Meta and Microsoft.

Meta Announces 10% Layoffs, Over 20,000 Jobs Cut Amid AI-Driven Transformation

Meta announced it will lay off approximately 10% of its workforce, affecting over 20,000 employees as the company pivots aggressively toward AI, marking a new phase in the tech industry’s AI-driven labor restructuring.