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Tech giant Oracle cuts 21,000 jobs as it embraces AI
(www.bbc.com)
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this post was submitted on 23 Jun 2026
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Did someone over leverage themselves on AI datacentre buildouts paid for with money that doesn’t exist?
Cry me a river, Larry. I hope you die impoverished.
I'm sure Larry will be just fine
Yes they laid these folks off for the express purpose of funding more datacenter buildouts because they were not funding banks willing to to loan them the capital.