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| Cyber |
| [Oracle]Billionaire's 6am email that wiped out 10,000 jobs as AI layoffs spiral |
| 2026-04-02 |
| [Daily Mail, where America gets its news] Oracle, the software and cloud computing powerhouse founded by billionaire Larry Ellison, started cutting staff on Tuesday in what insiders described as a 'significant reduction in force.' Workers said they were informed via early morning emails before quickly losing access to company systems. 'Today is your last working day,' read one termination notice seen by Business Insider, which told staff their roles had been eliminated as part of a 'broader organizational change.' The $420billion company has declined to comment on the scale of the layoffs, though one employee told the BBC the cuts could reach around 10,000 roles. This initial wave of job losses at Oracle's Austin, Texas–headquartered operations is expected to be the first of several rounds, potentially affecting a significant portion of its 160,000-strong workforce. Related: Oracle 03/30/2026 AI war in Iran has brought conflict to Silicon Valley. No one is ready Oracle 03/11/2026 Yamaha Announces it's Leaving California for Georgia After 50 Years as Californians Debate Implementing ‘Wealth Tax' Oracle 03/09/2026 Oracle expected to slash thousands of jobs as massive AI spending creates financial cash crisis |
| Posted by:Skidmark |
| #2 |
| Posted by: Skidmark 2026-04-02 10:16 |
| #1 |
| Posted by: Skidmark 2026-04-02 10:14 |