Oracle is preparing another wave of job cuts aimed at reducing payroll by Sept. 1, the start of its fiscal second quarter, as employees await a repeat of the early‑morning layoff emails.
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Better Home & Finance removed founder Vishal Garg as chief executive after a unanimous board vote, citing poor judgment and a $1.5 billion loss record.
Oracle plans a fresh round of job cuts this month, with cuts potentially reaching double-digit percentages on some teams.