Oracle's new CFO got $26M in stock after layoffs. Employee thinks 'algorithm' targeted workers with stock options first

Days after Oracle fired up to 30,000 employees via a 6 a.m. email — as Moneywise previously reported — the company announced ...

Oracle gave its new CFO $26M in stock after firing up to 30,000 workers. Employee says an 'algorithm' may have targeted those with stock options first

The cuts came as Oracle posted a 95% profit jump and filed 3,100 H-1B visa petitions.
The HR Digest

Are Oracle layoffs specifically targeting employee stock options?

Oracle layoffs may have intentionally targeted seasoned veterans who were on the verge of significant financial payouts.
CoinCentral

Oracle (ORCL) Stock; Gains Slightly as AWS Tie-Up Fuels AI Revenue Debate

Oracle (ORCL) stock edges higher as its AWS partnership sparks debate over long-term AI revenue, multicloud growth, and ...
CoinCentral

Oracle (ORCL) Stock Jumps Nearly 20% After Amazon AWS Cloud Deal and AI Rally

Oracle (ORCL) stock rose nearly 20% in five days after an AWS cloud deal and strong cloud revenue of $8.9B, up 44% ...