AI bet goes awry: Oracle fires 21,000 employees | The Jerusalem Post
www.jpost.com
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.
  • rumba@lemmy.zipEnglish
    42·
    9 hours ago

    Start forcing users to use AI
    lose staff
    Fire staff so that AI can take over
    lose staff
    Find out AI can’t replace the users, get devalued
    lose staff

    seems pretty toxic