this post was submitted on 25 Jul 2026
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AI bet goes awry: Oracle fires 21,000 employees (www.jpost.com)
submitted 1 day ago by sanitation@lemmy.today to c/technology@lemmy.world
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[–] NottaLottaOcelot@lemmy.ca 10 points 22 hours ago (1 children)

So now they HAVE to double down and fund this AI infrastructure, because sunk costs dictate that they can’t admit to a bad decision and hire back the terminated employees.

Just because it’s costly doesn’t mean they aren’t going to push forward with all their might, unfortunately

[–] stringere@sh.itjust.works 5 points 19 hours ago

Anyone with sense still locked in to Oracle products needs to find their nearest exit strategy.

I know it won't be easy, but the alternative is going to be a lot messier when they completely go to shit and you lose everything.