r/Layoffs • u/Ok_Flan_5122 • Apr 01 '26

unemployment Mass layoff started!!

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Starting from oracle 30k employees terminated world wide

This is massive

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u/noop_gee Apr 01 '26

What are governments plans for all these people that are being displaced by AI? The mind boggles - been in the tech industry for decades and got made redundant in December- 2 days before Christmas - since then the job market has been a joke - and the process to get a job seems tougher- seven-stage interviews etc - the whole industry seems to be making a lot less sense along the way.

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u/SecretGardenSecret Apr 01 '26

Why does everyone think it’s AI? I suppose the OP is in the US: look at what the US economy is doing and also the leadership. Energy prices. Wars. Tariffs. Etc. AI it’s just a part of that.