A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free here. Oracle is reportedly laying off thousands of employees, adding to an already long list of tech giants cutting staff while spending hundreds of billions of dollars on AI data center»»»

Oracle Corp. is planning to ax thousands of jobs, among its moves to handle a cash crunch from a massive AI data centre expansion effort. The Oracle layoffs will affect divisions across the company and may be implemented as soon as this month, according to people familiar with the matter who asked »»»

San Francisco - Oracle is planning to ax thousands of jobs, among its moves to handle a cash crunch from a massive AI data centre expansion effort. The job reductions will affect divisions across the company and may be implemented as soon as March, according to people familiar with the matter. Some»»»