Oracle fired up to 30,000 workers via email after a 95% profit surge. Tech companies are cutting almost 1,000 jobs/day [Yahoo! Finance]
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Source: Yahoo! Finance
“We are sharing some difficult news regarding your position,” the email sent to staff, and reviewed by Business Insider , said. “After careful consideration of Oracle's current business needs, we have made the decision to eliminate your role as part of a broader organizational change. As a result, today is your last working day” (2). Must Read Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don't have to deal with tenants or fix freezers. Here's how Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake — here's what it is and the simple steps to fix it ASAP Robert Kiyosaki begs investors not to miss this ‘explosion' — says this 1 asset will surge 400% in a year It's unclear exactly how many employees lost their jobs, with reports ranging from 10,000 (3) to 30,000 (4). The latter would represent almost 19% of the company's 162,000 workers (5). Moneywise reached out to Oracle for clarification about the numb
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AMZN
Earnings
- 2/5/26 - Miss
AMZN
Sec Filings
- 3/26/26 - Form SCHEDULE
- 3/19/26 - Form CERT
- 3/19/26 - Form 8-A12B
- AMZN's page on the SEC website