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 announced its next big move: hiring a new chief financial officer with a ...

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.

Oracle employee laid off after 34 years says layoffs may be driven by algorithm: ‘Quite a shock’

Nina Lewis, who spent over 3 decades at Oracle, said she was among the thousands laid off in the latest round.
The Financial Express

Oracle employees claim layoffs may have followed hidden ‘algorithm’

Viral LinkedIn posts from former employees suggest Oracle’s latest layoffs may have targeted higher-paid roles, raising ...
India Today on MSN

Oracle layoffs not random? Ex-employee says algorithm targeted top talent with equity

A viral LinkedIn post by a long-time Oracle employee has raised questions over whether the company's latest layoffs were ...
ABC7

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

WASHINGTON -- Tech giant Oracle will spearhead U.S. oversight of the algorithm and security underlying TikTok's video popular platform under the terms of a deal laid out Monday by President Donald ...