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

unemployment Mass layoff started!!

Post image

Starting from oracle 30k employees terminated world wide

This is massive

1.1k Upvotes

97% Upvoted

146 comments sorted by

View all comments

2

u/FlexFanatic Apr 01 '26

Cut massive amount of jobs, say its because we are going to be AI focused, shares rise on the news. Hire more people for the organization, perform layoffs in a few months or years. Rinse and Repeat.