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Home Market Research Money

Oracle Lays Off More Than 150 California Workers

by TheAdviserMagazine
3 weeks ago
in Money
Reading Time: 1 min read
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Oracle Lays Off More Than 150 California Workers
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(This story has been updated with new information.) The tech giant Oracle is expected to lay off thousands of employees as the company, formerly headquartered in Silicon Valley, attempts to address its plummeting stock price tied to artificial intelligence commitments, according to CNBC. Oracle laid off 158 workers from its Pleasanton office in Northern California, according to a California…



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