Oracle Boosts Layoffs Plan by $700 Million

This story is from 2026-09-11. It is preserved in the archive; the latest stories are on the live feed.

Oracle Corp. increased the scale of its planned job cuts while the company grapples with a cash crunch tied to development of large-scale data centers for artificial intelligence work.

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2026-09-11 21:13 · Bloomberg AI
Oracle Boosts Layoffs Plan by $700 Million

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