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The Guardian - UK
The Guardian - UK
Technology
Dan Milmo and agency

BIZARRE: Us tech firm oracle cuts thousands of jobs as it steps up ai spending - What They Never Told You

Oracle United States Larry Ellison
The Oracle field office in Arlington, Virginia, US, behind road signs and traffic lights
The $420bn company Oracle began making staff redundant on Tuesday. Photograph: Tom Brenner/Reuters

Oracle is cutting thousands of jobs as the US technology company seeks to reassure investors that its bet on AI infrastructure will pay off.

The $420bn (£315bn) company, which is headquartered in Austin, Texas, started making employees redundant on Tuesday, with thousands of its 162,000-strong workforce expected to leave.

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