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    Oracle To Spend Another $700 Million On Job Cuts Amid AI-Led Cash Crunch

    NDTV
    September 12, 2026
    via NDTV

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    Oracle To Spend Another $700 Million On Job Cuts Amid AI-Led Cash Crunch

    The company also disclosed a new share trading program for Chairman Larry Ellison, who owns about 40 per cent of Oracle's stock. The plan, which was adopted June 22, permits Ellison to sell 50 million shares through October 24

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