Economy
Oracle launches another round of cuts - notifies laid-off workers by email at 6 a.m.
The current round of cuts comes after the company already cut 13% of its workforce this year. Oracle reported last week that its expenses grew in the previous quarter to 28.5 billion dollars, compared with 8.5 billion dollars in the corresponding quarter.
· Source: TheMarker. Photo as published in the article
The current round of cuts comes after the company already cut 13% of its workforce this year. Oracle reported last week that its expenses grew in the previous quarter to 28.5 billion dollars, compared with 8.5 billion dollars in the corresponding quarter.
