Cloud computing giant Oracle lays off more Seattle workers

Core Insights - Oracle is laying off 101 employees in Seattle, following a previous layoff of 161 workers in August, indicating a trend of workforce reduction in the tech industry [1][5]. - The layoffs are part of a broader pattern in the tech sector, with companies like Microsoft, Amazon, and T-Mobile also announcing job cuts due to shifting priorities towards artificial intelligence [2][3]. Company-Specific Summary - Oracle's workforce in the Seattle area has decreased from 3,900 employees to a smaller number due to recent layoffs, reflecting a shrinking physical presence in the region [5]. - The company has reduced its office space significantly, leaving almost 100,000 square feet in Seattle's Century Square tower and vacating its downtown Bellevue office [8][9]. - Despite the layoffs, Oracle has not publicly stated the reasons behind these job cuts, nor has it attributed them directly to AI technology [4][5]. Industry Context - The tech industry is experiencing a wave of layoffs, with major companies reallocating resources and focusing on AI, leading to the elimination of redundant roles [2][3][4]. - Other companies, such as Salesforce, have explicitly linked job cuts to AI adoption, indicating a trend where technology is reshaping workforce structures [4].