Oracle's massive AI layoffs are here

The reductions are expected to affect divisions across the company and are wider in scope than Oracle's typical rolling cuts. Oracle stock rose 5%

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Oracle $ORCL has begun notifying employees of thousands of job cuts, according to CNBC, as the company contends with a cash crunch tied to its aggressive expansion into AI data center infrastructure.

The reductions are expected to affect divisions across the company and are wider in scope than Oracle's typical rolling cuts, according to Bloomberg. Some positions........

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