A billionaire gave his employees a brutal email at 6am which revealed they had been laid off.
Oracle announced to a whopping 30,000 workers that they would no longer be employed by the tech giant as the threat of AI ramps up.
The company spread the work to its staff members in countries including the US, Canada, Mexico and India by sending out emails from Oracle Leadership.
In this email, it reportedly stated that there had been a ‘broader organizational change’, which many believe could be related to the firm’s decision to build more AI data centers.
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In the email, it read: “After careful consideration of Oracle’s current business needs, we have made the decision to eliminate your role as part of a broader organizational change. As a result, today is your last working day.”
It continued: “After signing your termination paperwork, you will be eligible to receive a severance package subject to the terms and conditions of the severance plan.
“Access to your computer, email, voicemail, and files will be deactivated soon, and you will be unable to log into your computer.”
Previously, the CEO of Oracle, Clay Magouyrk, spoke in an earnings call held last month where he said: “Demand for AI infrastructure, both GPU and CPU, continues to exceed supply. This is directly visible in our $553 billion remaining performance obligations.”
It seems that the push for AI advancement isn’t slowing down anytime soon.
In other AI news, Elon Musk made a public apology after comments he made online about his company xAI.
On his own social media platform X, formerly Twitter, Musk wrote: “xAI was not built right first time around, so is being rebuilt from the foundations up.
“Same thing happened with Tesla.”
In a follow-up tweet, the tech mogul added: “Many talented people over the past few years were declined an offer or even an interview @xAI. My apologies.
“@BarisAkis and I are going through the company interview history and reaching back out to promising candidates.”
This comes after the AI company merged with Musk’s other firm SpaceX, in a move which means they can both work as one system.
Many people took to social media themselves to respond to Musk’s posts, with some sharing their own experiences with xAI.
One user wrote: “I wasn't declined, I was ghosted. Twice. interviewer no-showed both times, 1h+ wait each. If xAI wants top talent, it needs to treat candidates like their time matters.”
And another said: “Is Elon admitting xAI was a "failure" just to explain why half the founding team quit in the same week?”