Oracle Layoffs: Tech company Oracle recently laid off thousands of employees. This is believed to be due to the company's increasing investment in AI.

Oracle Layoffs: How Big a Role Does AI Play in Employee Layoffs?

Oracle Layoffs: Tech company Oracle recently showed the door to thousands of its employees. On the morning of March 31, when the employees opened their emails, they found out that their services were being terminated. According to media reports, the company has laid off 30,000 employees worldwide , of which around 12,000 were working in India. This company of Larry Ellison, who is considered close to Donald Trump, has 1.62 lakh employees working in it, out of which around 18 percent have been thrown out in one go. AI is believed to be a major reason behind this.

What does the company behind Oracle Layoffs have to say?

The Oracle layoffs have affected senior engineers, architects, operations leaders, program managers, and technical specialists working in India, the United States, Canada, and several other countries. The company said in a statement that some employees have been terminated due to business needs. Employees received this email from "Oracle leadership."

How big a role does AI play in layoffs?

These layoffs at Oracle are also being linked to AI. Indeed, the company has increased its investment in AI in recent times. The business software company is now investing in the datacenters needed to develop and operate AI systems. Through this, Oracle aims to compete with Alphabet and Amazon in the cloud sector. The company has also signed a datacenter deal with OpenAI worth $300 billion. However, investors have expressed concern about the company's rising debt and other expenses.

Why are tech experts' jobs at risk?

The advent of AI has increased the threat to the jobs of many tech workers. Software engineers, in particular , are at risk. The heads of several major tech companies have stated that AI can perform all the tasks that software engineers typically perform. Just a few weeks ago, Dario Amodei, CEO of Anthropic, stated that AI will soon handle the entire coding process, from start to finish. AI models are improving so rapidly that they can perform all the tasks a software engineer performs. Similarly, Sam Altman, CEO of OpenAI, has stated that AI agents will replace software engineers in the future. These agents will be able to perform all the tasks that experienced software engineers perform.