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Barchart
Barchart
Aditya Raghunath

This Cloud Giant Plans New Layoffs to Cover Surging AI Data Center Bill. What That Means for Investors Now.

Oracle ORCL Business Insider

Oracle (ORCL) recently posted a record quarter in fiscal Q4 of 2026 (ended in May) as revenue topped $19 billion and cloud growth accelerated. Still, the tech giant is reportedly preparing to lower its employee count, according to a Business Insider report.

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