SEC filing: Oracle sets aside an additional $500M for restructuring, bringing FY total to $2.1B, as it prepares to cut jobs and hails efficiencies from AI tools (Financial Times)
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Financial Times: SEC filing: Oracle sets aside an additional $500M for restructuring, bringing FY total to $2.1B, as it prepares to cut jobs and hails efficiencies from AI tools - Database group set aside an additional $500mn for restructuring costs - Oracle has stepped up preparations to cut jobs …