Oracle Trims Staff During Difficult Transition to Cloud Services
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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.