Jordan Novet / CNBC:

Sources: Oracle is cutting thousands of jobs in its latest layoffs as the company continues to ramp AI spending; as of May 2025, Oracle employed 162,000 people  —  Software maker Oracle has started telling employees that it's conducting a round of layoffs, two people familiar with the move told CNBC.

Jordan Novet / CNBC:

Sources: Oracle is cutting thousands of jobs in its latest layoffs as the company continues to ramp AI spending; as of May 2025, Oracle employed 162,000 people  —  Software maker Oracle has started telling employees that it's conducting a round of layoffs, two people familiar with the move told CNBC.

Source: TechMeme
Source Link: http://www.techmeme.com/260331/p40#a260331p40