Tech giant Oracle made “significant” job cuts on Tuesday, according to senior employees posting online.
Michael Shepherd, a senior manager, was not affected by the job cuts but wrote on LinkedIn that “senior engineers, architects, operations leaders, program managers, and technical specialists” had been let go.
The company has been spending heavily on AI but it’s not known if these cuts are related to that investment.
Oracle has been using AI tools internally and executives have previously said it enabled fewer employees to do more work.
Shepherd wrote that the “significant reduction in force” was not based on employee performance.
