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chobeat@lemmy.ml to Technology@lemmy.ml · 21 hours ago

Oracle Layoffs: Tech giant to slash 30,000 jobs as banks pull out from financing AI data centres | Company Business News

www.livemint.com

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Oracle Layoffs: Tech giant to slash 30,000 jobs as banks pull out from financing AI data centres | Company Business News

www.livemint.com

chobeat@lemmy.ml to Technology@lemmy.ml · 21 hours ago
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Over the past few weeks, several US banks have pulled off from lending to Oracle for expanding its AI data centres, as per a report.
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  • CandleTiger@programming.dev
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    47 minutes ago

    Updated2 Feb 2026

  • glitching@lemmy.ml
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    2 hours ago

    guess the cloud free tier is about to get axed…

  • Toto@lemmy.world
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    19 hours ago

    Bla bla national security, bla bla too big to fail, bla bla government bail out, bla bla stock buy back

  • dan1101@lemmy.world
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    20 hours ago

    Wow not only do they plan to lay off tens of thousands, they want customers to help pay for data centers and bring their own hardware. Oracle is acting like they’re poor.

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