Here’s a wild one.
Oracle is reportedly restructuring and potentially cutting tens of thousands of jobs.
And the reason is… AI.
Think about it. Did we already talk about this and predicted the layoffs?
Oracle is one of the biggest enterprise software companies in the world.
But now they’re pouring billions into AI infrastructure and data centers.
So what happens?
Some of the old work disappears.
Internal reports suggest AI coding tools are now writing large chunks of software that engineers used to write manually.
So the company is basically saying:
“We need fewer traditional developers, but more AI infrastructure.”
This is probably the first wave of AI replacing white-collar tech jobs at scale.
Not the last!!!!