Oracle Lays Off Hundreds of Employees

By Kevin Colleran On Aug 6, 2022

Oracle Corp. laid off hundreds of employees this week as the business software provider prioritizes its healthcare IT services and cloud businesses, according to people familiar with the company’s actions.

The job cuts principally hit staff at Oracle’s advertising and customer experience group, the people said. The group sells services to help clients analyze data about their customers and target advertising to those customers.

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