A tech giant run by one of America's richest men has slashed up to 10,000 jobs in a brutal round of layoffs - as artificial intelligence begins to rip through white-collar America. The $420billion company has declined to comment on the scale of the layoffs, though one employee told the BBC the cuts could reach around 10,000 roles. Oracle is not alone, as job cuts sweep across the tech industry amid the accelerating AI arms race. Amazon has already cut tens of thousands of corporate roles across multiple rounds, even as it doubles down on AI. Gaming giant Epic Games also cut 1,000 jobs last week as it struggles with rising costs and slowing growth.

Source: Daily Mail April 01, 2026 21:21 UTC