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Oracle Lays Off Thousands to Offset AI Spending
2026-04-01 |
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Over 500 Oracle workers are being laid off in Kansas City alone.
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Oracle plans more layoffs weeks after spending most of its $2.1 billion restructuring budget, report claims — some teams face double-digit percentage reductions, 21,000 full-time positions already eliminated
More than half of workers would take a pay cut for job security
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