BUSINESSJun 23 · 17:38 UTCNY POSTNina Joudeh

Jobs bloodbath at Oracle as 21,000 staff let go amid huge strategy pivot

Oracle announced the layoff of 21,000 employees, reducing its workforce from 162,000 to 141,000 full-time employees by May 31 as part of a major strategy pivot. The job cuts were disclosed in a regulatory filing.

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