Tuesday, June 23, 2026

Yet another headline that pairs job loss with AI (Oracle edition)

 
Top headline:  TUM Partners of Excellence, 12/5/2024
Bottom headline:  BBC, 6/23/2026

Osmond Chia reports:
The software and cloud computing firm says it had around 141,000 full-time employees as of 31 May 2026, down from about 162,000 workers at the same time last year. 
The "deployment of AI technologies across our operations have resulted, and may continue to result, in reductions to our workforce," the report says. 
The cuts, which amount to about 13% of Oracle's workforce, are part of a wider trend among tech firms as they spend hundreds of billions of dollars on building AI infrastructure like data centres.

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