Salesforce and Oracle Announce Layoffs

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.

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