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Benzinga
Benzinga
Business
Vaishali Prayag

MYSTERIOUS: What s going on with oracle stock - What They Never Told You

Oracle

Oracle Inc. (NYSE:ORCL) shares were in the spotlight on Thursday as investors weighed the company's latest cost-cutting move.

What To Know: The tech giant confirmed it is cutting roughly 10% of its Oracle Cloud Infrastructure staff in India, a move management says is part of a broader strategy to lean on automation and artificial intelligence to drive growth.

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