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Oracle Lays Off 20,000–30,000 Employees on March 31rediff.com
technology29 days ago

Oracle Lays Off 20,000–30,000 Employees on March 31

The company notified employees of immediate terminations on March 31, 2026, and later offered severance capped at 26 weeks along with one month of COBRA coverage. Laid-off workers forfeited unvested RSUs, including retention grants, prompting at least 90 to sign a petition seekin…

TechCrunch
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Tech Stocks Including Oracle and Adobe Rise on Day of Gains Amid Yearly DeclinesSubstrate placeholder — needs review
finance54 days ago

Tech Stocks Including Oracle and Adobe Rise on Day of Gains Amid Yearly Declines

Oracle's stock surged 11% on the day of the article, marking its best day since September. Adobe's stock jumped about 6%, while Salesforce rallied 5%. Several companies have cut employees to fuel AI projects in recent months.

cnbc.com
1 source