From Quartz.

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Bloomberg reports Oracle is preparing thousands of job cuts as it funds aggressive AI infrastructure expansion, underscoring how capital allocation is reshaping white-collar employment. The report outlines planned Oracle layoffs tied to cash demands from AI data centers and a multiyear restructuring. Management is expected to take cash flow negative while competing with Microsoft and Amazon on capacity. The analysis describes how companies are shifting payroll dollars to chips, servers, leases, and bonds rather than replacing staff with tools like ChatGPT. It cites The New York Times and former Block executive Aaron Zamost, who characterizes current cuts as "standard prioritization and cost management." Scope: financing choices are driving reductions before direct AI role substitution. #jobcuts #corporatestrategy #innovationcosts #techtrends

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