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

Oracle
International Business Times Fews App News Provider
Fews App Post Time 7h ago

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.

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