Tech giant Oracle cuts 21,000 jobs as it embraces AI
www.bbc.co.uk
The cuts are part of a wider trend among tech firms as they spend hundreds of billions of dollars on AI.

Oracle shed about 21,000 roles globally in the last year as the US technology giant reshapes its business around artificial intelligence (AI), the firm’s latest annual report shows.

  • ThePowerOfGeek@lemmy.worldEnglish
    10·
    10 days ago

    I’m surprised in the face of their disastrous cloud strategy they haven’t done the usual Oracle thing: buy out a smaller competitor with much better architecture and then completely ruin it with their own spaghetti code and horrible tooling.

    • corsicanguppy@lemmy.caEnglish
      2·
      10 days ago

      Ah, I see you’ve used the new pkg, designed by a company who sells RPM support and was unable to see it as one of many so, so much better ideas than new-pkg.

    • criss_cross@lemmy.world
      2·
      10 days ago

      Problem is most competitors are basically wrappers around AWS. It’s really hard to compete with the big ones because you need to build a massive infrastructure footprint to compete.

      Not everyone has 3 redundant data centers per available region to compete hardware wise.