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Barchart
Barchart
Aditya Raghunath

As Oracle Plans Thousands of Layoffs in Favor of AI Data Centers, How Should You Play ORCL Stock?

Oracle (ORCL) is making some uncomfortable moves. The Austin, Texas-based technology giant is reportedly planning to cut thousands of jobs across multiple divisions. At the same time, it has scrapped a planned flagship artificial intelligence data center project in Texas. And it is redirecting that spending toward a broader buildout of cloud infrastructure for clients like OpenAI and Meta (META).

For investors, this raises a fair question: Is Oracle trimming fat to run leaner, or is it a sign that the company is straining under the weight of its AI ambitions?

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