AITom's Hardwareabout 2 hours ago
Oracle Plans More Layoffs After $2.1B Restructuring
3 min read
Oracle plans more job cuts this month, with some teams facing double-digit percentage reductions, ahead of its second fiscal quarter starting September 1. The company already eliminated 21,000 full-time positions, 13% of its workforce, and borrowed $43 billion for AI data centers.
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