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AI bet goes awry: Oracle fires 21,000 employees (www.jpost.com)
submitted 3 months ago by to c/technology@lemmy.world
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[–] 47 points 3 months ago (1 child)

Jesus. This puts workers at, what, 150-200k laid off this year? Awful.

But I do like that part about mandatory power grid guarantees. If we lived in a reasonable country that would be a federal regulation.

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  • [–] 17 points 3 months ago*

    let's just say $100k if there's the random custodial engineer in the mix. That $2.1 billion in salary. They reduced headcount 13% in 2025 and this would bea 15% from that. Probably cash strapped and about to go bust. Good.

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