this post was submitted on 07 Mar 2026
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Oracle Layoffs: Tech giant to slash 30,000 jobs as banks pull out from financing AI data centres | Company Business News (www.livemint.com)
submitted 2 days ago by Deceptichum@quokk.au to c/technology@lemmy.world
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Over the past few weeks, several US banks have pulled off from lending to Oracle for expanding its AI data centres, as per a report.

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[–] vaultdweller013@sh.itjust.works 8 points 1 day ago

The tech is still cool. Doesn't mean IBM didn't deserve to be dissolved and it's entire staff shoved into a wood chipper post war for aiding and abetting genocide. Kinda like the V1s and V2s, fun fact my great grandfather worked on those and Stukas, shame the Navy posted him in fucking Florida.