Oracle Layoffs: Managers Directed to Identify Job Cuts Before Sept 1

Oracle is set for layoffs as managers identify roles to cut before September 1. This follows a year of 21,000 job eliminations and $1.8 billion in restructuring. The tech giant is also investing heavily in AI data centers, totaling $55.7 billion. With some teams facing significant cuts, Oracle's workforce strategy raises concerns about employee stability.