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'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 ...
AOL

Why Oracle Stock Is Ripping Higher in After-Hours Trading

Dipping 1.4% during regular trading hours today, Oracle (NYSE: ORCL) stock is shooting higher during after-hours trading. With the tech company reporting third-quarter 2026 financial results that ...
MarketWatch

Oracle’s stock is trading at an extreme discount to this key technical indicator

Oracle’s stock has been on a prolonged slide since last fall as investors have questioned the company’s ambitious artificial-intelligence business strategy. Fears that Oracle ORCL is overspending on ...
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Oracle's new CFO got $26M in stock after layoffs. Employee thinks 'algorithm' targeted workers with stock options first

This article adheres to strict editorial standards. Some or all links may be monetized. Days after Oracle fired up to 30,000 employees via a 6 a.m. email — as Moneywise previously reported — the ...