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Jun 23, 2026, 12:00 pm83 ptsTrending
Slashdot
Oracle cut roughly 21,000 jobs over the past year as it reorganized around AI and ramps up spending on data centers for customers such as OpenAI and Meta. The restructuring cost the company about $1.8 billion and, while Oracle says AI deployment may drive further reductions, it also warns the cuts could create…
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