Oracle gave its new CFO $26M in stock after firing up to 30,000 workers. Employee says an 'algorithm' may have targeted those with stock options first

The cuts came as Oracle posted a 95% profit jump and filed 3,100 H-1B visa petitions.
Outlook Business

Oracle Layoffs Were 'Not Random', Insider Claims Algorithm Targeted Top Talent

Nina Lewis, Security Alert Manager, Oracle wrote in a post on Linkedin that the layoffs may not have been entirely random.

Oracle's new CFO got $26M in stock after layoffs. Employee says an 'algorithm' targeted workers with stock options first

Learn more Days after Oracle fired up to 30,000 employees via a 6 a.m. email — as Moneywise previously reported — the company ...
New Orleans City Business

TikTok’s algorithm to be licensed to US joint venture led by Oracle and Silver Lake

Tech giant Oracle will spearhead U.S. oversight of the algorithm and security underlying TikTok’s popular video platform under the terms of a deal laid out this week by President Donald Trump’s ...

Oracle layoff post by one of the employees is going viral; reveals claims of algorithm-driven cuts after 30-year tenure

A former Oracle employee’s viral post claims layoffs may be driven by algorithms targeting senior roles, sparking debate on ...