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Oracle Plans Fresh Job Cuts This Month After 21,000 Role Reductions

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Oracle is preparing another round of job cuts this month after shedding 21,000 roles over the past fiscal year, as AI-driven data centre spending rises. Restructuring costs increased to $1.8 billion from $374 million a year earlier, while the firm burned far more cash than it took in. Earlier March layoffs left 600 employees fighting over severance, RSUs and H-1B support.

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