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Benzinga
Benzinga
Business
Kaustubh Bagalkote

Oracle Cuts Hundreds Of Jobs Despite Stock Near Record Highs: Report

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Oracle Corp. (NYSE:ORCL) has reportedly eliminated more than 350 positions across California and Washington this week, according to state employment records, despite the database giant’s stock trading near all-time highs at $223.45.

Mass Layoffs Hit Multiple States

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