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Latest Layoffs news, updates, and analysis from Daily AI Mail, curated for readers tracking the companies, products, research, and market signals shaping artificial intelligence.
Oracle has begun laying off thousands of its 160,000-person workforce as the $420bn business software giant accelerates spending on datacentres to compete with Alphabet and Amazon — and fund a $300bn deal with OpenAI. About 10,000 employees are reported to have already lost their jobs.
