Oracle gave its new CFO $26M in stock after firing up to 30,000 workers. Employee says an 'algorithm' may have targeted those with stock options first

The cuts came as Oracle posted a 95% profit jump and filed 3,100 H-1B visa petitions.

Oracle's new CFO got $26M in stock after layoffs. Employee says an 'algorithm' targeted workers with stock options first

Learn more Days after Oracle fired up to 30,000 employees via a 6 a.m. email — as Moneywise previously reported — the company announced its next big move: hiring a new chief financial officer with a ...
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Oracle will manage TikTok's algorithm for U.S. users under Trump administration deal

WASHINGTON (AP) — Tech giant Oracle will receive a copy of the algorithm powering TikTok to operate for U.S. users, according to a senior official in President Donald Trump's administration on Monday.
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Viral post sparks debate over Oracle's algorithm-driven layoffs

A LinkedIn post by Nina Lewis, a 33-year Oracle veteran, has gone viral after she was laid off in a global workforce reduction affecting an estimated 20,000–30,000 employees. In her post, Lewis said ...
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Oracle's new CFO got $26M in stock after layoffs. Employee thinks 'algorithm' targeted workers with stock options first

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