this post was submitted on 31 Mar 2026
273 points (99.6% liked)

Technology

83225 readers
3954 users here now

This is a most excellent place for technology news and articles.

Our Rules

  1. Follow the lemmy.world rules.
  2. Only tech related news or articles.
  3. Be excellent to each other!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
  9. Check for duplicates before posting, duplicates may be removed
  10. Accounts 7 days and younger will have their posts automatically removed.

Approved Bots

founded 2 years ago
MODERATORS
L3s@lemmy.world
enu@lemmy.world
technopagan@lemmy.world
L4s@lemmy.world
L3s@hackingne.ws
273
Finally an honest headline: Oracle is cutting up to 30,000 employees to pay for AI data centres (ground.news)
submitted 6 hours ago by Modern_medicine_isnt@lemmy.world to c/technology@lemmy.world
27 comments fedilink hide all child comments
 

Most of the time the companies say the layoffs are because AI is doing people jobs, but the reality is that making things that use AI is just a lot more expensive. And enabling employees to use AI more than the free tier is really expensive too. So, they need to cut cost elsewhere to balance it out.

you are viewing a single comment's thread
view the rest of the comments
[โ€“] sexy_peach@feddit.org 9 points 2 hours ago (1 children)

Another company slowly shutting themselves down.

[โ€“] some_designer_dude@lemmy.world 20 points 2 hours ago

Oracle putting itself out of misery would be the most philanthropic act of an organization in history.