The cuts came as Oracle posted a 95% profit jump and filed 3,100 H-1B visa petitions.
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Oracle’s stock has been on a prolonged slide since last fall as investors have questioned the company’s ambitious artificial-intelligence business strategy. Fears that Oracle ORCL is overspending on ...
This article adheres to strict editorial standards. Some or all links may be monetized. Days after Oracle fired up to 30,000 employees via a 6 a.m. email — as Moneywise previously reported — the ...
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