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Oracle plans new layoffs before September 1 amid major AI infrastructure push

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Oracle is preparing another round of layoffs this month, with managers instructed to identify employees for termination before the company's second fiscal quarter begins on September 1. Some teams are reportedly facing cuts in the double-digit percentage range. The move comes after a turbulent year in which Oracle eliminated approximately 21,000 jobs and spent $1.8 billion on restructuring efforts. During the same period, the tech giant invested $55.7 billion into AI data centre infrastructure, signalling a strategic shift in workforce and resource priorities.

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