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Oracle Cuts 21,000 Jobs as AI Replaces Roles

Oracle, a major player in enterprise software, announced that it has eliminated 21,000 jobs in the last 12 months. The company attributes the layoffs to the increasing deployment of artificial intelligence tools that automate many routine tasks, allowing the firm to streamline operations and reduce staffing needs. The move reflects a broader trend in the tech industry where AI is reshaping workforce structures and prompting companies to rethink their human resource strategies.

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Google News: Artificial Intelligence

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