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Finally an honest headline: Oracle is cutting up to 30,000 employees to pay for AI data centres (ground.news)
submitted 7 months ago by to c/technology@lemmy.world
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Most of the time the companies say the layoffs are because AI is doing people jobs, but the reality is that making things that use AI is just a lot more expensive. And enabling employees to use AI more than the free tier is really expensive too. So, they need to cut cost elsewhere to balance it out.

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[–] 32 points 7 months ago (3 children)

Maybe they should consider spinning off Paramount or not buying WB instead firing people.

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  • [–] 4 points 7 months ago (1 child)

    What, the only parts of the company that actually produce anything of value?

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  • [–] 5 points 7 months ago

    Bbbbut, they also sell a payroll & HR system that is somehow even worse than SAP's! The main goal of all their Fusion Cloud junk seems to be producing consulting fees, because it's impossible to get anything to work without them.

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