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.
  • stringere@sh.itjust.worksEnglish
    3·
    28 days ago

    Anyone with sense still locked in to Oracle products needs to find their nearest exit strategy.

    I know it won’t be easy, but the alternative is going to be a lot messier when they completely go to shit and you lose everything.