Oracle began laying off up to 30,000 employees across the US, India, and Canada after shifting its primary focus toward artificial intelligence.The technology company aims to raise up to 50 billion dollars to fund cloud infrastructure and data centers despite facing significant investor debt concerns.Larry Ellison and leadership issued termination emails to approximately 18% of the global workforce to increase efficiency and revenue per employee.Stock prices for the corporation rose 6% following the news, even as total market value remains down over 50% from its previous high.