SEC filing: Oracle sets aside an additional $500M for restructuring, bringing FY total to $2.1B, as it prepares to cut jobs and hails efficiencies from AI tools news ft.com

Financial Times: SEC filing: Oracle sets aside an additional $500M for restructuring, bringing FY total to $2.1B, as it prepares to cut jobs and hails efficiencies from AI tools  —  Database group set aside an additional $500mn for restructuring costs  —  Oracle has stepped up preparations to cut jobs …