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  • Oracle Slashes Payroll Again While Sinking $55.7 Billion Into AI Data Centers
Oracle Has Drawn Plans for Another Round of Job Cuts This Month
Layoffs
Oracle Slashes Payroll Again While Sinking $55.7 Billion Into AI Data Centers
Founder News Team Aug 15, 2026 0

Oracle is betting more than $55 billion on AI infrastructure while simultaneously cutting thousands of jobs from its payroll. The…

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We aim to empower European founders with the insights, trends, and tools they need to build, grow, and lead world-class companies. By delivering sharp, actionable news and stories that matter, from fundraising to regulation, and from talent to tech, we help entrepreneurs stay ahead in a fast-changing world.
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We aim to empower European founders with the insights, trends, and tools they need to build, grow, and lead world-class companies.

By delivering sharp, actionable news and stories that matter, from fundraising to regulation, and from talent to tech, we help entrepreneurs stay ahead in a fast-changing world.

Latest News
Genentech closing South SF facility, laying off workers
Genentech axes 265 jobs as storied 40-year cancer drug plant closes
Sep 21, 2026
China's Leapmotor overtakes Subaru, Mitsubishi Motors in global sales
Chinese EV startup Leapmotor eclipses Subaru and Mitsubishi in quarterly global sales
Sep 21, 2026
Edinburgh takes five of top 10 places in league table of support for rejoining European Union
Five Edinburgh Seats Rank Among UK’s Strongest Backers for Rejoining EU
Sep 21, 2026
IMF warns AI could boost Europe’s productivity while widening inequality and straining power grids | Ukraine news
AI Could Boost Europe’s Economy 1% While Straining Power Grids and Widening Inequality
Sep 21, 2026
Whalesbook
USFDA Finds Only One Minor Issue at Shilpa Medicare Hyderabad Unit
Sep 21, 2026
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