informationweek.com

Mercer and Oliver Wyman surveys find 99% of executives expect AI to cut headcount, while 2026 tech layoffs have already reached 134,603 across 212 companies.

Oracle terminates an estimated 18 percent of its global workforce via early-morning emails with no prior warning, freeing up to $10 billion in cash flow to finance a $156 billion AI infrastructure expansion even as the company reports a 95 percent jump in quarterly net income.