#workforce reduction

2 stories

#ai infrastructure #artificial intelligence #at&t #automation #business #capital expenditure #cfo #copper network #fiber internet #finance #hilary maxson #job cuts

AT&T cuts deep to remake itself for AI
The telecom giant is shedding thousands of jobs and shutting down its copper network to become a leaner, AI-powered company.
WIRED · 2m
Oracle's CFO reframes layoffs as strategic focus
New finance chief Hilary Maxson tells employees the job cuts aren't about doing more with less, but about simplifying and redirecting resources.
Yahoo Finance · 1m