Markets

Oracle Eliminates 30,000 Positions Targeting Legacy DB Admins and On-Prem Support Teams

CNBChigh signal

Oracle cut approximately 30,000 positions (20% of global workforce), specifically targeting legacy database administrators and on-premises support teams — the exact roles that AI automation and cloud migration make redundant. The freed capital is being redirected to fund OpenAI infrastructure buildout. For DevTools and infra SaaS companies selling DBA tooling and monitoring, Oracle just eliminated 30,000 potential customers.

Source

Source page CNBC

↳ Follow the thread