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The Nexus
BUSINESSJun 23 · 10:37 UTCCNBC TOP

Oracle sheds 21,000 roles over the past year amid wave of AI layoffs from tech giants

Oracle has laid off 21,000 employees over the past year due to the adoption of AI technologies. The company stated that AI deployment may lead to further workforce reductions. The layoffs are part of a broader trend among tech giants implementing AI-driven workforce changes.

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