job losses – Weekly Geek

Oracle’s 21,000 layoffs help drive its debt-fueled AI investments

The growing use of AI contributed to Oracle laying off 21,000 workers in a year, according to a Securities and Exchange Commission filing on Monday. In its annual regulatory filing for the fiscal year ending May 31, Oracle said it has 141,000 full-time employees. In its 2025 filing, Oracle said it had 162,000 employees. The… Read More: Oracle’s 21,000 layoffs help drive its debt-fueled AI investments »

AI will consume all of IT by 2030—but not all IT jobs, Gartner says

In five years, you won’t be able to spell IT without AI, Gartner predicted today. VP analysts Alicia Mullery and Daryl Plummer delivered the sentiment at their keynote address at Gartner’s IT Symposium in Gold Coast, Australia, as reported by The Register. Gartner believes that by 2030, all work performed by an IT department will… Read More: AI will consume all of IT by 2030—but not all… »