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Oracle cut 21,000 jobs and paid $1.8B in severance while announcing record AI infrastructure spending. The layoffs aren't because of AI. They're funding it.

Something about the Oracle numbers has been bothering me and I think I finally put my finger on it. 21,000 cuts this year. $1.8 billion severance bill. Another 800 scheduled for November 13 according to WARN filings. All happening alongside enormous capex commitments for AI data center buildout. Th…

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  1. 2026-09-25 04:59 · r/artificial
    Oracle cut 21,000 jobs and paid $1.8B in severance while announcing record AI infrastructure spending. The layoffs aren't because of AI. They're funding it.

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