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 ...

PARLIAMENT | Prime Minister Anwar Ibrahim today said that layoffs in Petronas were partly due to “redundancies” brought on by new technologies, including AI.

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 ...

Microsoft’s aggressive hiring strategy follows a period of massive layoffs across the company earlier this year. Despite ...