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2026 › June › 23
Oracle
32 days ago
These are the stocks posting the largest moves in early trading.
Oracle sheds 21,000 roles over the past year amid wave of AI layoffs from tech giants ○
"The adoption and deployment of AI technologies across our operations have resulted, and may continue to result, in reductions to our workforce," Oracle said.
Tech giant Oracle cuts 21,000 jobs as it embraces AI ⊖
The cuts are part of a wider trend among tech firms as they spend hundreds of billions of dollars on AI.
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