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Oracle Layoff Plans in September as AI Spending Outpaces Cash Flow

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Oracle’s rumored September layoff round is still looming after Sept. 1 passed without an announcement, as the company has spent faster on AI infrastructure than its cash flow can support. Managers were asked in August to prepare employee cut lists, including possible double-digit reductions, amid falling headcount, $55.7B in capital expenditures, and negative free cash flow.

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