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Chris Remington ( remington@beehaw.org ) MA to Technology · 10 days ago

Oracle fired up to 30,000 workers via email after a 95% profit surge. Tech companies are cutting almost 1,000 jobs/day

finance.yahoo.com

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Oracle fired up to 30,000 workers via email after a 95% profit surge. Tech companies are cutting almost 1,000 jobs/day

finance.yahoo.com

Chris Remington ( remington@beehaw.org ) MA to Technology · 10 days ago
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It’s unclear exactly how many employees lost their jobs, with reports ranging from 10,000 to 30,000. The latter would represent almost 19% of the company’s 162,000 workers.
  • bl4kers ( bl4kers@beehaw.org ) 
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    10 days ago

    Oracle owns Cerner, the largest IT medical provider. No major competitor either, since they’re multinational and most competitors are single country or regional

    • Cass.Forest ( cityboundforest@beehaw.org ) 
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      10 days ago

      Correct me if I’m wrong but don’t they also own TikTok in the US now?

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