
Oracle Plans Massive Layoffs for March as $50B AI Bet Drains Cash
Oracle plans thousands of layoffs in 2026 after burning $10 billion in six months on AI data centers. A $300 billion OpenAI deal drives the cash crunch.
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2 articles tagged Oracle on Ceowire.

Oracle plans thousands of layoffs in 2026 after burning $10 billion in six months on AI data centers. A $300 billion OpenAI deal drives the cash crunch.

How Sergey Nazarov built Chainlink into the dominant oracle network powering DeFi and TradFi, connecting 60+ blockchains and 11,000 banks.