Oracle's Q3 earnings showed 15% HCM growth and 1,000-plus AI agents live in applications, but no word on the rumored layoffs.
The company is ramping up spending on artificial intelligence tools and data center infrastructure.
Tech cos are slashing roles in the name of efficiency and automation, reshaping the workforce faster than reskilling programmes can keep up ...
The additional spend covers redundancy packages and other exit costs as increasingly powerful AI models allow the company to cut software jobs.
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