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Oracle Cuts 21,000 Jobs As AI Adoption Deepens And Credit Risk Flashes GFC-Era Highs
Oracle Cuts 21,000 Jobs As AI Adoption Deepens And Credit Risk Flashes GFC-Era Highs
Oracle disclosed in a Form 10-K filing that it reduced its workforce by 21,000 employees over the past year as it automates white-collar jobs and frees up cash to splurge on AI infrastructure buildouts.
"Our periodic workforce restructurings and reorganizations can be disruptive," Oracle said in the annual financial regulatory publsihed on Monday, adding, "We have an existing restructuring plan in place under which we have made, and will continue to make, adjustments to our workforce in...
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Mar 23, 2026 / Kyle Anzalone
Trump Postpones Strikes on Iranian Power Plants, Says US and Iran Engaged in Productive Talks
President Donald Trump said he is delaying strikes on Iranian power plants for five days to allow talks between Washington and Tehran to progress. “I AM PLEASED TO REPORT THAT THE UNITED STATES OF AMERICA, AND THE COUNTRY OF IRAN, HAVE HAD, OVER THE LAST TWO DAYS, VERY GOOD AND PRODUCTIVE CONVERSATIONS REGARDING A COMPLETE […]
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Apr 2, 2026 / Tyler Durden
Indians Are Online Bragging About Scamming Europe's Education System
Indians Are Online Bragging About Scamming Europe's Education System
Authored by Steve Watson via Modernity.news,
Europe is literally paying Indians hundreds of euros a month to “study” while its own students can’t afford rent and are drowning in debt.
In a now-viral video, an Indian student in Europe boasts about the arrangement. He explains how the EU provides him with 1400 euros every single month that covers rent, travel, and meals, with zero student debt, while he still saves 600 euros every single month.
He walks through what he calls “elite scholarship secrets,” noting that a simple bachelor’s...
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May 3, 2026 / Dave DeCamp
New Member of Trump’s Iran Negotiating Team Comes From Notoriously Hawkish Think Tank
Amid stalled peace talks and a US blockade on Iranian ports, the Trump administration has added a new member to its negotiating team who comes from the Foundation for the Defense of Democracies, a notoriously hawkish think tank that has been lobbying for aggressive action against the Islamic Republic for many years. Nick Stewart, the […]
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