The AI Layoffs Aren't What You Think

In March 2026, Oracle fired over 20,000 people by email at 6am — while posting record profits. Across the tech industry, over 1,000 jobs a day are being cut in 2026, almost entirely at companies that are thriving. Everyone's blaming AI. But when you follow the money, a different story emerges: this isn't really about robots replacing jobs. It's about where a small number of extremely profitable companies are choosing to send their cash — and who ends up paying the price when their bet doesn't pay off.