Salesforce and Oracle have laid off thousands of employees amid a push towards AI-driven automation. The layoffs reflect broader industry trends in cost-cutting and technological shifts. Both companies are investing heavily in AI to streamline operations.

Background

The announcements come as tech firms adapt to AI advancements.

Details

• Thousands affected across both companies.
• Focus on AI for automation and efficiency.
• Part of ongoing restructuring efforts.

This move signals a transformation in workforce dynamics within the tech sector.