Tag: hyperscaler financing

Oracle is planning thousands of job cuts across divisions as it grapples with a cash crunch from aggressive AI data centre buildout to support major clients including a $300 billion OpenAI agreement, xAI and Meta, as Bloomberg News first reported. The reductions, potentially broader than typical rolling cuts, may begin this month and target roles expected to diminish under AI automation, coinciding with an...

Quest Global reports that 90% of its women employees—nine in ten—hold technical and engineering roles, far exceeding global STEM benchmarks where women comprise about 28% of the workforce, with female talent directly tackling clients’ most complex challenges. Women constitute 25% of the global workforce, achieving near parity at the Trivandrum centre (46% women, 54% men), one of the company’s largest engineering hubs, demonstrating scalable...