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Generative AI is transforming workplaces but at a cost -- there are fewer jobs for young workers just entering the workforce, ...
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 ...
Oracle, Microsoft, and TCS have all announced major layoffs as AI costs surge and reshape the tech industry. Oracle cut roles ...
Layoffs: In a June regulatory filing, Oracle had noted that it periodically reshapes its workforce due to strategy changes, ...
Microsoft’s aggressive hiring strategy follows a period of massive layoffs across the company earlier this year. Despite ...
PARLIAMENT | Prime Minister Anwar Ibrahim today said that layoffs in Petronas were partly due to “redundancies” brought on by new technologies, including AI.
Employees were informed this week that their roles were being eliminated, the report said. Some cuts were linked to ...
Oracle is laying off 161 workers in Seattle, according to a filing with the Washington state Employment Security Department. The cloud and database giant has more than 400 employees in the Seattle ...
Oracle is cutting jobs in its closely watched cloud unit, the latest company taking steps to control costs amid heavy ...
A former executive at Google painted a grim outlook for the near-term based on the speed that Artificial Intelligence technology is advancing unless 'systematic' changes are made.
Research has shown that layoffs yield disengagement, turnover, and reduced productivity among remaining employees. As more ...