Oracle slashes 30k jobs (rollingout.com)

Oracle says it has eliminated about 20,000–30,000 jobs, affecting roughly 18% of its global workforce, with many employees reporting they learned of their termination via a brief 6 a.m. email without prior notice. The company cited changes to business needs and said severance and next steps would follow through DocuSign. The layoffs are described as linked to Oracle’s push into AI data centers, which the article ties to heavy new debt and major cash-flow demands.