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Published June 23, 2026 at 8:17 PM

Ars Technica

Jun 24, 2026, 6:00 AM

Oracle’s 21,000 layoffs help drive its debt-fueled AI investments

Oracle’s 21,000 layoffs help drive its debt-fueled AI investments

Oracle is spending billions on data center infrastructure to support AI.

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Canonical URL for this story: https://arstechnica.com/ai/2026/06/oracles-21000-layoffs-help-drive-its-debt-fueled-ai-investments/