Oracle

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The Week Ahead in AI: AI Layoffs, Perplexity Launches Mac AI Agent, Jensen Huang Speaks to SMU Grads, Plus Funding, Upcoming Earnings & AI Week New York

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Welcome to AI Insider’s The Week Ahead in AI. See the key developments and events we’re watching May 10- 16. Weekend AI News Briefs Oracle’s AI-Driven Mass Layoff of 30,000 Draws Backlash Over Severance Terms and Forfeited Stock Oracle’s reported March 31 layoff of an estimated 20,000 to 30,000 employees has triggered employee criticism over severance […]

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Oracle’s AI-Driven Mass Layoff of 30,000 Draws Backlash Over Severance Terms and Forfeited Stock

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Oracle’s abrupt termination of an estimated 20,000 to 30,000 employees via email on March 31 has sparked significant employee pushback over what many regarded as inadequate severance. The company offered four weeks of base pay plus one additional week per year of service, capped at 26 weeks, but crucially did not accelerate unvested stock grants — meaning […]

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