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Oracle rumored to cut 30,000 jobs in major restructuring

Social Rumor
Oracle
30.0K employees affected(20%)
Layoff Date: Feb 18, 2026
0 votes • 0 comments

Description

TD Cowen analysts report that Oracle might lay off approximately 30,000 employees as part of a major restructuring. The company is also reportedly considering selling its health tech unit Cerner, acquired for $28 billion in 2022. This would represent one of the largest tech layoffs in recent years.

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