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Oracle AI Cuts Spark Legislative Push | Texas News
Oracle just slashed 21,000 jobs globally — a staggering move fueled by AI — sending shockwaves through families and the job market. As the company shrinks from 162,000 to 141,000 employees in just a year, U.S. Rep. Greg Casar is pushing back with bold new legislation. He’s calling for AI-driven layoffs to be regulated, even proposing a tax on AI companies to fund support for displaced workers. His bill, the AI Workforce Impact Study Act of 2026, would commission a government audit to track AI’s job impact since 2022 — but with political hurdles looming, the future of workers remains…
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