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Oracle Stock Falls 3.64% After Fresh Layoff Round Begins on Sept. 14
Oracle initiated a new round of layoffs on Monday, Sept. 14, as the software giant continues its restructuring effort to fund AI infrastructure expansion. Affected U.S. employees received early-morning emails informing them their positions were eliminated effective immediately. The exact number of employees impacted has not been disclosed, though earlier reports indicated some teams could face double-digit percentage reductions. Severance packages included four weeks of base pay plus one additio
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