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.
  • 4am@lemmy.zipEnglish
    2·
    7 hours ago

    Yeah again this leaves out the “job I already have” vs “mythical better job that simply doesn’t exist right now” part