Tech layoffs continue in 2026, with 40,000 jobs cut as firms pivot to AI, streamline operations, and correct pandemic over-hiring.
Oracle is laying off thousands of employees globally to restructure and invest in AI, while restructuring costs may reach $2.1…
Oracle raises capex 40% to $50bn for AI data centres, misses revenue estimates; shares plunge despite OpenAI-driven bookings growth.
Oracle’s USD6.5 billion investment in Malaysia boosts SMEs, innovation, and positions the country as Southeast Asia’s tech hub.
This website uses cookies.