Trump’s top billionaire pal is slashing thousands of jobs as his tech company pours billions into artificial intelligence. Larry Ellison—whom Trump tapped to join his science and technology advisory council—has overseen sweeping layoffs at Oracle, with about 10,000 employees losing their jobs, according to BBC. The cuts span “senior engineers, architects, operations leaders, program managers, and technical specialists, according to the company’s senior manager Michael Shepherd who took to LinkedIn to address the massive layoffs. For many workers, the life-changing news came via email. A source told Business Insider the farewell message said, “After careful consideration of Oracle’s current business needs, we have made the decision to eliminate your role as part of a broader organizational change.” Ellison, whose net worth sits around $189 billion—making him the sixth-richest person in the world according to Forbes—has been pushing aggressively into artificial intelligence. The cuts come as Oracle closed on a reported $300 billion data center deal tied to OpenAI.
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