Oracle reveals 21,000 layoffs in last year were due to AI
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Oracle has cut 21,000 jobs, with reports indicating the layoffs were due to the company's adoption of artificial intelligence. The job cuts are said to be part of the company's efforts to increase efficiency through AI. However, there is some uncertainty over the exact timing of the layoffs, with one report suggesting they accounted for a 13% reduction in the workforce in a specific fiscal year.
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