Oracle Trims Staff During Difficult Transition to Cloud Services

Attendees wait in line to enter the Moscone Center North building during the Oracle OpenWorld 2017 conference in San Francisco, California, U.S.Photographer: David Paul Morris/Bloomberg
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Oracle Corp. will dismiss several hundred workers in May as the world’s second-largest software maker tries to rejigger its faltering cloud-computing strategy.

The database giant plans to cut 352 people on May 21, according to a notice filed last week with the state of California. The staff reductions include 255 people at its Redwood City, California, headquarters and 97 people in Santa Clara, California.