News

Layoffs: In a June regulatory filing, Oracle had noted that it periodically reshapes its workforce due to strategy changes, ...
Oracle, Microsoft, and TCS have all announced major layoffs as AI costs surge and reshape the tech industry. Oracle cut roles ...
Oracle is cutting jobs in its closely watched cloud unit, the latest company taking steps to control costs amid heavy ...
AI is becoming a major driver of workforce reductions, with over 10,000 job cuts in 2025 directly linked to automation, ...
Like other tech giants, Oracle is attempting to balance massive AI-related capital expenditure with operational efficiencies. Employees were informed this week that their positions had been eliminated ...
Research has shown that layoffs yield disengagement, turnover, and reduced productivity among remaining employees. As more ...
In July 2025, the US experiences a staggering 140% rise in layoffs, the highest since the COVID-19 pandemic, attributed to AI ...
A new report from Indeed reveals that tech job postings in July were down 36% from early 2020 levels. While AI is a factor, ...
Indian outsourcing giant Tata Consultancy Services' decision to cut over 12,000 jobs signals the start of a broader AI-fueled ...
The Peloton layoffs are a part of its cost-cutting strategy to bring down operating costs and pursue a new business model.
Scale AI says rapid hiring for its Generative AI division led to bloat and losses. It's now refocusing on other areas.