OpenAI plans Job Cuts up to 30,000 due to AI investments
Oracle is facing massive job cuts that could affect between 20,000 and 30,000 employees company-wide. Even measured against the global workforce of around 162,000 employees (as of May 2025), this would be a drastic cut in the personnel structure. According to a report by Bloomberg (paywall), layoffs could begin as early as this month
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