Business49 minutes ago
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Oracle Layoffs: Major Job Cuts Expected Ahead of Q2 2023
Oracle is set for significant layoffs, targeting double-digit percentage cuts before Q2 2023. With 21,000 jobs lost in the past year, the tech giant aims to reduce payroll as it invests heavily in AI data centers. Managers are already identifying employees for potential layoffs, highlighting the company's ongoing financial challenges.
⚖️ AI Verdict
"Looks like Oracle is tightening its belt, but at what cost?"
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