Oracle's new CFO got $26M in stock after layoffs. Employee says an 'algorithm' targeted workers with stock options first

Learn more Days after Oracle fired up to 30,000 employees via a 6 a.m. email — as Moneywise previously reported — the company ...

Oracle gave its new CFO $26M in stock after firing up to 30,000 workers. Employee says an 'algorithm' may have targeted those with stock options first

The cuts came as Oracle posted a 95% profit jump and filed 3,100 H-1B visa petitions.
Nextgov

Oracle loses JEDI appeal

A panel of federal appellate judges affirmed a lower court decision denying a protest by Oracle in the Defense Department's $10 billion cloud procurement dubbed JEDI. Oracle was one of the original ...
Hosted on MSN

Oracle may lay off up to 30,000 employees, nearly 20% of its entire workforce

AI analyst and YouTuber Mark Savant says early signals are pointing to something huge at Oracle: a potential workforce cut of up to 30,000 employees, which he frames as nearly 20% of the company’s ...
Austin American-Statesman

Oracle plans 'world headquarters' in Nashville after moving HQ to Austin in 2020

Software giant Oracle Corp. may move its world headquarters from Austin to Nashville in a bid to seize on the Tennessee capital's budding health care sector, co-founder Larry Ellison announced at the ...