AI bet goes awry: Oracle fires 21,000 employees | The Jerusalem Post
www.jpost.com
Oracle laid off ~13% of its staff to fund a $300B computing deal with OpenAI. Now, a credit downgrade and $7B in required power grid guarantees put the massive project in jeopardy.
  • TheoriginalthonEnglish
    2·
    9 hours ago

    When your KPI and bonus is based on how many people you can recruit what did they think was going to happen