Oracle Corp (NYSE: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.
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Trimming Staff, Boosting AI
The OCI layoffs echo Meta’s “Year of Efficiency” in 2023, when Facebook slashed about 21,000 roles to reallocate capital toward AI and automation. Meta’s approach paid off handsomely: margins expanded, operating income surged, and the stock soared nearly 190% in …