Oracle Cuts 700 More Jobs in California Despite Posting $17.2 Billion Revenue

Fuente: International Business Times

From software engineers to sales, no department is safe as the company leaves its former HQ, showing a 22% revenue boost can't shield against the 'Tech Winter' cull. Oracle has delivered a devastating blow to hundreds of its California-based staff, following a major shift in the company's regional operations. Despite the tech giant reporting staggering quarterly revenues, the firm is moving ahead with significant redundancies across its historic Silicon Valley sites.