business
New Oracle layoff data reveals heavy cuts among cloud workers
The layoffs include developers, engineers and senior managers and come as Oracle raises its restructuring costs to $2.8 billion and dramatically expands AI infrastructure spending.
New details are emerging about Oracle’s latest round of layoffs, with software developers, infrastructure engineers and managers among those hit hardest in the company’s cloud infrastructure business.
A document obtained by Business Insider shows tha... [1942 chars]
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