Oracle reportedly sets aside $700 million more for job cuts
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.
TLDR
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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