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Fast Company1 min read

Oracle layoffs: Stock price rises as sudden job...

Another round of layoffs has hit the tech industry, this time at SaaS giant Oracle Corporation (NYSE: ORCL). The job cuts reportedly came out of the blue for most affected employees, with many receiving an early-morning email announcing their job loss just hours before they were scheduled to go into the office. Here’s what you need to know. What’s happened? On early Tuesday morning, Oracle employees around the world began reporting on social media that they had received an email from the company
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