Layoffs For AI: Oracle Pulls A Meta—Will Investors Buy The Efficiency Story?

Oracle Corp ORCL is cutting staff, and investors are already sizing up the playbook: is this the lean efficiency of a cloud titan, or a warning flag in disguise? Roughly 10% of its Oracle Cloud Infrastructure (OCI) workforce in India has been let go, a move the company frames as part of a broader pivot toward automation and AI-driven growth.Track ORCL stock here.Trimming Staff, Boosting AIThe OCI layoffs echo Meta's "Year of Efficiency" in 2023, when Facebook slashed about 21,000 roles to reallocate capital ...