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Banker claims Oracle may slash up to 30,000 jobs, sell health unit to pay for AI build-out (www.theregister.com)
submitted 1 week ago by Beep@lemmus.org to c/technology@lemmy.world
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[-] roguetrick@lemmy.world 23 points 1 week ago

Oracle runs into the one thing investors hate to do in late stage capitalism: actually building capital intensive infrastructure. Sure this case is for nonsense, but it's a rule across the board.

this post was submitted on 30 Jan 2026
126 points (99.2% liked)

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