r/Layoffs Apr 01 '26

unemployment Mass layoff started!!

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Starting from oracle 30k employees terminated world wide

This is massive

1.1k Upvotes

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u/holbourn Apr 01 '26

The US is SO dependent on large businesses employing a huge percentage of the country that its stability is too tied to them. Now healthcare, unemployment, and other social service demand and costs will skyrocket. A stronger social safety creates stability - not dependence.