Agent Trial
Prediction Markets AI Agent Context Fastest News API Agent Trial Log In Sign Up
News Wire / economy

Sportswear Company to Cut 8,000 Jobs

SRF 4 News 17d17d Impact 8
Approximately 100 technology companies in the United States have announced plans to eliminate 100,000 jobs. Oracle notified nearly 30,000 employees of their layoffs via email on March 31 at 6:00 AM. The layoffs are occurring despite reported stability in company performance. Analysts are investigating the underlying causes for this large-scale reduction in workforce. Today marks the final working day for those affected by the Oracle cuts. Companies are reportedly cutting human staff to redirect funds toward expensive data centers and AI computing infrastructure. Mass layoffs continue to impact the technology sector.

Topics

employment technology layoffs

Developing

  1. 864d Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore.
  2. 864d Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur.
  3. 864d Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est.
  4. 864d Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium.

Sources · 7 independent

SRF 4 News

“fast 100 Unternehmen aus der Tech-Branche angekündigt insgesamt 100.000 Stellen streichen zu wollen. Darunter unter anderem Oracle, die teilten am 31. März um 6 Uhr... praktisch 30.000 Mitarbeitern mit via E-Mail.”

SRF 4 News

“Darunter unter anderem Oracle, die teilten am 31. März um 6 Uhr, also noch vor Sonnenaufgang, praktisch 30.000 Mitarbeitern mit via E-Mail.”

SRF 4 News

“diese Entlassungen? Es ist ja wirklich eine enorme Zahl.”

SRF 4 News

“man eben das Geld für menschliche Mitarbeiter spart, um sich später einmal den KI-Computer leisten zu können.”

SRF 4 News

“Herr Gebuchter, zu den Massenentlassungen in der Tech-Prunche.”

SRF 4 News

“man sich eben auch Geld geliehen und diese Kredite müssen bedient werden. Und da spart man eben an anderer Stelle, sprich inzwischen ist es so, dass man eben das Geld für menschliche Mitarbeiter spart, um sich später einmal die KI-Computer leisten zu können.”

NBC News Radio

“about 1,400 people. The shoe and sportswear company said the job cuts”

NBC News Radio

“by Bloomberg, about 8,000 employees will lose their jobs starting on me.”

Unlock the full story

Get a Pro subscription or above to see the live story progression and the full list of independent sources confirming each event as they happen.

Log in to upgrade