Oracle, Intuit, and Rivian Signal a New Wave of AI-Linked Restructuring
AI is not just reshaping products; it is increasingly showing up in corporate restructuring, cost-cutting, and workforce reduction decisions. The latest wave of announcements and labor data suggests the job-market risk is shifting from abstract concern to measurable pressure—one reason UBI is moving from theory to necessity in more policy conversations. Key Stories Oracle says AI adoption helped drive a 21,000-worker reduction Oracle’s latest disclosures indicate a major workforce contraction over the past year, with AI adoption and automation cited as part of the rationale. For UBI advocates, this is the clearest example of productivity gains arriving alongside fewer jobs, not more secure work. Oracle lays off 21,000 employees in just 12 months due to AI adoption and costly AI infrastructure ambitions ...