"The use of AI coding tools inside Oracle is enabling smaller engineering teams to deliver more complete solutions to our customers more quickly, said Mike Silicia, Oracle's co-chief executive. He emphasized that AI tools have facilitated new methods for generating sales leads and automating the selling of Oracle services."
"Michael Shepard, a senior manager, stated that the significant reduction in force was not based on employee performance. He clarified that the individuals affected were not let go because of anything they did or didn't do."
Oracle has reportedly laid off approximately 10,000 employees as part of a significant reduction in force, driven by investments in artificial intelligence. Senior employees indicated that the layoffs were not performance-based. AI tools are enabling smaller teams to deliver solutions more efficiently. Executives noted that AI has improved sales processes and website development. The job cuts have affected various roles, including senior engineers and program managers, but were not attributed to individual performance.
Read at www.bbc.com
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