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Oracle Reportedly Plans to Lay Off Thousands of Employees
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Oracle (ORCL.US) plans to lay off thousands of employees as one of the measures to address the funding shortfall caused by the large-scale expansion of its AI data centers, foreign media reported.

The layoffs will affect multiple departments within the company and could be implemented as early as this month, report told.

Related NewsAPI Crude Oil Stock Change for Feb/27 in United States is 5.600M, lower than the previous value of 11.400M. The forecast was 2.19M.

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