21,000 Oracle Employees Just Got Replaced by AI

Oracle just axed 21,000 jobs. Why? Start your FREE Intro Course with CourseCareers NOW! https://coursecareers.com/a/MarkSavant AI is gutting legacy roles and flattening companies. Severance costs hit $1.84B, 6x last year’s number. Oracle is using the savings (plus $40B in debt, $20B in stock) to pour $70B into AI and data center infrastructure. This isn’t isolated. In 2024, 196 tech companies have slashed 120,000 jobs. Last month, 40% of tech layoffs blamed AI directly. Sales, support, management, no one’s safe. Adapt now, AI’s not coming; it’s here. Chapters: 00:00 - Intro: Oracle Layoffs 02:05 - The Real Reason For Layoffs 04:30 - Jobs Most at Risk & How To Adapt? 10:00 - Skills You Must Have 11:00 - Conclusion #agi #ai #cnbc #artificialintelligence -------------------------------------------------------------------------------------------------------------- ⚡Stand out with AI: www.aiupdate.ai ⚡Marketing and AI consulting: https://marksavantmedia.com/ Some of the links above are affiliate links. This means, at no additional cost to you, you can purchase the services and Mark Savant will receive a small commission. Disclaimers: all opinions are my own, sponsors are acknowledged. Not financial advice, for entertainment purposes only.