{"id":22563,"date":"2026-04-01T11:37:14","date_gmt":"2026-04-01T09:37:14","guid":{"rendered":"http:\/\/costops.com\/index.php\/2026\/04\/01\/us-tech-firm-oracle-cuts-thousands-of-jobs-as-it-steps-up-ai-spending\/"},"modified":"2026-04-01T11:37:14","modified_gmt":"2026-04-01T09:37:14","slug":"us-tech-firm-oracle-cuts-thousands-of-jobs-as-it-steps-up-ai-spending","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2026\/04\/01\/us-tech-firm-oracle-cuts-thousands-of-jobs-as-it-steps-up-ai-spending\/","title":{"rendered":"US tech firm Oracle cuts thousands of jobs as it steps up AI spending"},"content":{"rendered":"<p>Company chaired by Trump ally Larry Ellison seeks to reassure investors that bet on AI infrastructure will pay off<\/p>\n<p>Oracle is cutting thousands of jobs as the US technology company seeks to reassure investors that its bet on AI infrastructure will pay off.<\/p>\n<p>The $420bn firm, headquartered in Austin, Texas, started making employees redundant on Tuesday, with thousands of Oracle\u2019s 160,000-strong workforce expected to leave.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/technology\/2026\/apr\/01\/us-tech-firm-oracle-cuts-thousands-of-jobs-as-it-steps-up-ai-spending-larry-ellison\">Continue reading&#8230;<\/a><br \/>\n<img src=\"https:\/\/i.guim.co.uk\/img\/media\/ff881d332f0b79dd586db9e044c2ea090b206948\/314_40_3147_2519\/master\/3147.jpg?width=140&amp;quality=85&amp;auto=format&amp;fit=max&amp;s=eb59171d780f4dfdeac4f0ea3f2aff2f\" title=\"US tech firm Oracle cuts thousands of jobs as it steps up AI spending\" \/>Company chaired by Trump ally Larry Ellison seeks to reassure investors that bet on AI infrastructure will pay off<br \/>\nOracle is cutting thousands of jobs as the US technology company seeks to reassure investors that its bet on AI infrastructure will pay off.<br \/>\nThe $420bn firm, headquartered in Austin, Texas, started making employees redundant on Tuesday, with thousands of Oracle\u2019s 160,000-strong workforce expected to leave. Continue reading&#8230;Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Company chaired by Trump ally Larry Ellison seeks to reassure investors that bet on AI infrastructure will pay off Oracle is cutting thousands of jobs as the US technology company seeks to reassure investors that its bet on AI infrastructure will pay off. The $420bn firm, headquartered in Austin, Texas, started making employees redundant on &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"http:\/\/costops.com\/index.php\/2026\/04\/01\/us-tech-firm-oracle-cuts-thousands-of-jobs-as-it-steps-up-ai-spending\/\"> <span class=\"screen-reader-text\">US tech firm Oracle cuts thousands of jobs as it steps up AI spending<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":0,"featured_media":22564,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/22563"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=22563"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/22563\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/22564"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=22563"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=22563"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=22563"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}