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 ...
katu

Oracle will manage TikTok's algorithm for U.S. users under Trump administration deal

WASHINGTON (AP) — Tech giant Oracle will receive a copy of the algorithm powering TikTok to operate for U.S. users, according to a senior official in President Donald Trump's administration on Monday.
Yahoo Finance

Amid Oracle layoffs, a legal grey area in algorithm-driven firing

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New Orleans City Business

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

Tech giant Oracle will spearhead U.S. oversight of the algorithm and security underlying TikTok’s popular video platform under the terms of a deal laid out this week by President Donald Trump’s ...

Oracle executives laid off after 33, 30-year stints: 'Layoffs follow an algorithm of high level...'

When Oracle laid off around 30,000 employees globally on April 1, with a 6 am email, one of those emails landed in the inbox of Nina Lewis, a security professional who had spent more than 33 years at ...