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.
Outlook Business

Oracle Layoffs Were 'Not Random', Insider Claims Algorithm Targeted Top Talent

Nina Lewis, Security Alert Manager, Oracle wrote in a post on Linkedin that the layoffs may not have been entirely random.

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 ...
Hosted on MSN

Oracle layoffs spark debate over algorithm-driven job cuts

Oracle has laid off an estimated 20,000–30,000 employees globally, with a viral LinkedIn post from 33-year veteran Nina Lewis ...
ABC7

TikTok's algorithm to be licensed to US joint venture led by Oracle and Silver Lake

WASHINGTON -- Tech giant Oracle will spearhead U.S. oversight of the algorithm and security underlying TikTok's video popular platform under the terms of a deal laid out Monday by President Donald ...
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TikTok’s algorithm to be licensed to US joint venture led by Oracle and Silver Lake

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. WASHINGTON (AP) — Tech giant Oracle will ...