Those policies include a proposal to tax some AI companies to help fund job programs for families in Austin and across the country. 21,000 layoffs is a disaster. Those 21,000 layoffs are not just a statistic. That is 21,000 people who are wondering how they will pay their rent, how they will pay their mortgage, how they will stay on their feet in this unstable job market. We reached out to Oracle last week about those layoffs. They sent us a statement that reads, quote, as our cloud and AI businesses, businesses grow, we will continually balance … (00:40–00:52)
CLAIM
Asserts that the layoffs have caused financial uncertainty for 21,000 individuals.
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