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#Oracle

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A massive empty concrete data center shell under construction at dawn, half-finished steel beams reaching into an overcast sky, construction cranes idle, a single hard hat abandoned on the floor, photojournalistic style, dramatic chiaroscuro lighting, 16:9 ultra-wide composition

Oracle Fired Up to 30,000 as Its Data Centers Slip

Oracle fired thousands of workers via a 6 AM email, up to 30,000 by outside estimates, to fund a $50 billion AI data center buildout. With $124.7 billion in debt, negative $24.7 billion free cash flow, and OpenAI data centers delayed to 2028, the company is running a Nortel-grade bet on demand it may never deliver fast enough to service.

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