TECH NEWS
Oracle admits it has cut 21,000 jobs, admits 'deployment of AI technologies across our operations have resulted, and may continue to result, in reductions to our workforce'
* Oracle now has around 141,000 workers, down from 162,000 in 12 months * The company spent $1.84 billion in severance and related costs last year * Billions to be raised by means of new debt and equity to fund AI plans Despite recently confirming record revenues of $67.4