The Next Web reports that Oracle has set aside another $700 million for job cuts it has not yet made, raising its restructuring bill to $2.8 billion. The outlet says Oracle’s headcount fell 13% over a year to 141,000, including about 92,000 employees outside the U.S.
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Oracle’s headcount fell 13% in a year to 141,000, with about 92,000 employees based outside the U.S., The Next Web reports.
The Next Web reports that Oracle has set aside another $700 million for job cuts it has not yet made, raising its restructuring bill to $2.8 billion. The outlet says Oracle’s headcount fell 13% over a year to 141,000, including about 92,000 employees outside the U.S.
TNW@thenextwebHeadcount fell 13% in a year. Oracle now has 141,000. It has raised the restructuring bill to $2.8B, and about 92,000 of those staff sit outside the US, where the clock is statutory.
Business Today@business_today#TechToday | Oracle layoffs: IT giant adds $700 million to restructuring tally amid expensive AI push https://ow.ly/13s0106EFCc
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TNW@thenextwebHeadcount fell 13% in a year. Oracle now has 141,000. It has raised the restructuring bill to $2.8B, and about 92,000 of those staff sit outside the US, where the clock is statutory.
Business Today@business_today#TechToday | Oracle layoffs: IT giant adds $700 million to restructuring tally amid expensive AI push https://ow.ly/13s0106EFCc