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Searched Tag: ai replacing jobs
Oracle is no longer just a database software provider. Led by Chairman Larry Ellison, the business is in the middle of one of the biggest transformations in its history as it races to become a major player in artificial intelligence and cloud computing.

Oracle confirms 21,000 layoffs, signals more AI-driven job cuts

June 23, 2026, 10:32 AM - 3 min read

In its annual report released on Monday, the company stated that the deployment of AI technologies across its operations has already led to workforce reductions and could well result in further job cuts in the future.

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‘SaaS’pocalypse: Fresh entry in lexicon of purveyors of doom

‘SaaS’pocalypse: Fresh entry in lexicon of purveyors of doom

February 15, 2026, 01:13 PM - 8 min read

The fears that the rise of AI will cause a structural slowdown in the IT industry are largely overblown. While AI may reduce demand for some traditional services and tasks, there will be new opportunities in building new capabilities and offerings around AI platforms, tools and models.

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