News: 0180701840

  ARM Give a man a fire and he's warm for a day, but set fire to him and he's warm for the rest of his life (Terry Pratchett, Jingo)

Oracle May Slash Up To 30,000 Jobs (theregister.com)

(Friday January 30, 2026 @10:30PM (msmash) from the shape-of-things-to-come dept.)


An anonymous reader shares a report:

> Oracle [1]could cut up to 30,000 jobs and sell health tech unit Cerner to ease its AI datacenter financing challenges, investment banker TD Cowen has claimed, amid changing sentiment on Big Red's massive build-out plans.

>

> A research note from TD Cowen states that finding equity and debt investors are increasingly questioning how Oracle will finance its datacenter building program to support its $300 billion, five-year contract with OpenAI.

>

> The bank estimates the OpenAI deal alone is going to require $156 billion in capital spending. Last year, when Big Red raised its capex forecasts for 2026 by $15 billion to $50 billion, it spooked some investors. This year, "both equity and debt investors have raised questions about Oracle's ability to finance this build-out as demonstrated by widening of Oracle credit default swap (CDS) spreads and pressure on Oracle stock/bonds," the research note adds.



[1] https://www.theregister.com/2026/01/29/oracle_td_cowen_note/


Re: Post AI crash data center glut (Score:2)

by jrnvk ( 4197967 )

My future pool and spa chain of stores is just waiting to capitalize on these AI data centers going bust!

Burn in Hell (Score:1)

by lundqvist ( 1070102 )

Oracle is going to end up with the icky end of the stick when AI collapses.

Re: (Score:3)

by sg_oneill ( 159032 )

Couldnt happen to a nicer company.

But its not lost on me that we're at a point in society that to build these infernally stupid AI rollouts people are finding savings by slashing health tech infrstructure*

"But AI will save us all".

*Oracle is everywhere in hospitals. They do a lot of stuff with hospital infrastructure software. And yeah, its the usual Oracle fare, overly expensive, underpowered, and if you try and replace it, they'll sue.

What do you expect from Whoracle? (Score:3)

by BrendaEM ( 871664 )

Cannot squeeze virtual from crap.

...And no philosophy, sadly, has all the answers. No matter how assured
we may be about certain aspects of our belief, there are always painful
inconsistencies, exceptions, and contradictions. This is true in religion as
it is in politics, and is self-evident to all except fanatics and the naive.
As for the fanatics, whose number is legion in our own time, we might be
advised to leave them to heaven. They will not, unfortunately, do us the
same courtesy. They attack us and each other, and whatever their
protestations to peaceful intent, the bloody record of history makes clear
that they are easily disposed to resort to the sword. My own belief in
God, then, is just that -- a matter of belief, not knowledge. My respect
for Jesus Christ arises from the fact that He seems to have been the
most virtuous inhabitant of Planet Earth. But even well-educated Christians
are frustrated in their thirst for certainty about the beloved figure
of Jesus because of the undeniable ambiguity of the scriptural record.
Such ambiguity is not apparent to children or fanatics, but every
recognized Bible scholar is perfectly aware of it. Some Christians, alas,
resort to formal lying to obscure such reality.
-- Steve Allen, comedian, from an essay in the book "The Courage of
Conviction", edited by Philip Berman