Oracle plans to cut thousands of jobs which will free up cash flow as the company aggressively invests in its AI data center ...

Oracle's layoffs affect more than 230 software developers and an additional 48 software development employees in Washington ...

The cuts come as the software giant invests billions of dollars in expanding its artificial intelligence infrastructure.

Oracle began laying off up to 30,000 employees globally, notifying them via a 6 a.m. email from "Oracle Leadership" with no prior warning from HR or managers.

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