Business49 minutes ago
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Oracle Layoffs: Another Round of Job Cuts After 21,000 Lost
Oracle is reportedly planning more layoffs after cutting 21,000 jobs this year. The tech giant's workforce shrank by 13% in the fiscal year ending May 31, 2026, raising concerns about its future. This news follows earlier workforce reductions, highlighting ongoing challenges in the tech industry. Stakeholders are closely monitoring Oracle's next moves as it navigates these turbulent times.
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"Looks like Oracle is trimming the fat, but it's tough for those affected."
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