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Oracle plans to cut up to 30,000 jobs globally, nearly 19 per cent of its 162,000 employees.
Oracle is laying off up to 30,000 employees globally, its largest workforce reduction ever.
KEY POINTS
- Oracle's capital expenditure is projected to reach $50 billion in FY26 and may exceed $85 billion by 2029.
- Oracle's debt-to-equity ratio has surged to around 500 percent, far higher than industry peers.
- Oracle's $300 billion, five-year cloud deal with OpenAI creates significant concentration and execution risk.
- Only 10 percent of Oracle's $553 billion contracted revenue is expected to be realized within the next year.
COMPANIES
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