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Oracle cut 21,000 jobs because of AI.
That’s a workforce reduction of about 13 percent over the last 12 months, according to a disclosure filed Monday. And Oracle is hardly alone in at least partially attributing the cuts to AI advancements:
Worries are quickly mounting over job losses due to AI disruption, as 196 tech companies laid off more than 119,800 employees so far this year, according to Layoffs.fyi.
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