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Oracle cuts 21,000 jobs as it funds $50B AI buildout with debt
A 12.9% workforce reduction and $1.8B in restructuring costs accompany Oracle's debt-fueled push into AI cloud infrastructure.
Jaeden SchaferEditor in Chief5 min read
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A 12.9% workforce reduction and $1.8B in restructuring costs accompany Oracle's debt-fueled push into AI cloud infrastructure.
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