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Snap Chief Executive Evan Spiegel told employees that the company is trying to cut costs and cited AI tools.

SEATTLE — Oracle America Inc. will lay off employees in Washington as part of a reduction-in-force, according to a WARN notice the company is laying off 491employees in June. ALSO SEE | Meta lays off ...

Much like its peers in the tech industry, Oracle is pouring money into AI infrastructure. In a bid to compete with companies like Amazon and Microsoft, the tech giant inked a lucrative $300 billion ...