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Inside Oracle's job cuts: Employees over 40, middle managers take biggest hit in latest layoff round

Inside Oracle's job cuts: Employees over 40, middle managers take biggest hit in latest layoff round

·Excerpt
Inside Oracle's job cuts: Employees over 40, middle managers take biggest hit in latest layoff round
Image: The Oracle logo is shown on an office building in Irvine, California, U.S. (REUTERS)

Oracle's latest layoffs have reorganized its vital cloud business, and a leaked document obtained by Business Insider reveals the scale and scope of the restructuring. Last week, the tech giant began a new round of layoffs as it attempts to manage costs amid a massive, debt-funded expansion into artificial intelligence infrastructure.Scale of job cutsThe document, accessed by Business Insider and provided to comply with federal age-discrimination laws, detailed the job titles and ages of 546 laid-off employees in Oracle's America…

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