The Economic Times

Oracle plans more layoffs as AI spending surges. Is the AI jobs apocalypse finally here?

Oracle is said to be planning additional job cuts this month, following a substantial reduction in its workforce in the previous fiscal year. Meanwhile, wider trends indicate that while AI is reshaping jobs rather than simply removing them, investment in AI is simultaneously generating new employment opportunities across diverse sectors. The influence of technology on the labor landscape continues to evolve in a complex manner.