Part 3/11:
Adding to the narrative of change, Oracle’s Chief Security Officer Marianne Davidson stepped down after nearly 40 years with the company. Her departure, coupled with the mass layoffs, underscores a period of significant transition within the tech giant. Management appears to be consolidating resources, possibly in anticipation of transformations driven by AI integration.
The Confluence of Growth and Automation: Why the Paradox?
The question many are asking is: Why lay off employees when revenues are soaring? The answer seems rooted in AI’s disruptive impact on the workforce. Rather than hiring more staff, Oracle is reallocating capital toward building AI infrastructure and data centers, which is transforming their business operations.