Author: Natalia Nowak
181 articles
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Oracle Is Cutting Up to 30,000 Employees While Carrying $131 Billion in Debt and Running a $50 Billion Capital Plan
Oracle holds $553 billion in contracted obligations. On March 31 it eliminated up to 30,000 employees via 6am email, selected by an algorithm, while its new CFO received a $26 million equity grant.
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