Oracle Just Fired 30,000 People. Not Because AI Replaced Them.
Originally published at news.skila.ai Oracle terminated 30,000 employees via a 6 AM email on March 31, 2026. No warning from HR. No meeting with their manager. Just a message from "Oracle Leadershi...

Source: DEV Community
Originally published at news.skila.ai Oracle terminated 30,000 employees via a 6 AM email on March 31, 2026. No warning from HR. No meeting with their manager. Just a message from "Oracle Leadership" telling them the day of the email was their last day. The reason was not that AI learned to do their jobs. The reason was that Oracle needed $8 to $10 billion in cash to build GPU data centers. TD Cowen estimated the layoffs free up capital for AI infrastructure spending. Oracle has committed to $156 billion in total AI capital expenditure. This is the biggest lie in tech right now. The narrative says AI is taking your job. The data says companies are firing humans to fund AI. Not because it works. Because they are betting it might. The Oracle Numbers Tell the Real Story Oracle posted a 95% jump in net income last quarter: $6.13 billion. Remaining performance obligations hit $523 billion, up 433% year over year. This is not a company in trouble. This is a company that decided $156 billion