importantSYS.SOURCE: TechTimes.co.uk• 2026-09-14T19:05:15Z
Oracle Initiates New Layoffs with Early-Morning Termination Emails Amid Restructuring
Oracle announced new layoffs with early-morning termination emails as part of a $2.8 billion restructuring plan, following a 13% workforce reduction in fiscal 2026. The cuts, impacting unspecified employees, include coordinated access revocation and severance packages amid shifts toward AI and cloud infrastructure investments.
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