{"id":989310,"date":"2026-02-02T10:59:47","date_gmt":"2026-02-02T05:29:47","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=989310"},"modified":"2026-02-02T10:59:47","modified_gmt":"2026-02-02T05:29:47","slug":"oracle-layoffs-tech-giant-to-slash-30000-jobs-as-banks-pull-out-from-financing-ai-data-centres","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/02\/02\/oracle-layoffs-tech-giant-to-slash-30000-jobs-as-banks-pull-out-from-financing-ai-data-centres\/","title":{"rendered":"Oracle Layoffs: Tech giant to slash 30,000 jobs as banks pull out from financing AI data centres"},"content":{"rendered":"<p>Oracle Layoffs: Tech major Oracle is planning to slash up to 30,000 jobs to fund AI data centres, a new report has said.<\/p>\n<p>According to a report by CIO citing a research report by investment bank TD Cowen, Oracle will also be selling some of its activities as US banks pull back from investing in the company&#8217;s AI data centre expansion.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oracle Layoffs: Tech major Oracle is planning to slash up to 30,000 jobs to fund AI data centres, a new report has said. According to a report by CIO citing a research report by investment bank TD Cowen, Oracle will also be selling some of its activities as US banks pull back from investing in the company&#8217;s AI data centre expansion.<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[55,13,4],"tags":[],"class_list":["post-989310","post","type-post","status-publish","format-standard","hentry","category-it-2-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/989310","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=989310"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/989310\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=989310"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=989310"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=989310"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}