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Technology@lemmy.worldEnglish · 2 months ago

AI bet goes awry: Oracle fires 21,000 employees

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AI bet goes awry: Oracle fires 21,000 employees

sanitation@lemmy.today to

Technology@lemmy.worldEnglish · 2 months ago

AI bet goes awry: Oracle fires 21,000 employees | The Jerusalem Post

Oracle laid off ~13% of its staff to fund a $300B computing deal with OpenAI. Now, a credit downgrade and $7B in required power grid guarantees put the massive project in jeopardy.

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2 months ago
No, it’s exactly the conversation, if you’d recall.
- fizzle@quokk.au
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  There are innumerable employment options besides shitty employer or bust.

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