Oracle gave its new CFO $26 million in stock after laying off up to 30,000 employees. An employee says an “algorithm” may have targeted those with stock options first

Oracle gave its new CFO  million in stock after laying off up to 30,000 employees. An employee says an “algorithm” may have targeted those with stock options first

By Rudro Chakrabarti
Publication Date: 2026-04-11 12:00:00

The cuts came as Oracle posted a 95% jump in profits and filed 3,100 H-1B visa applications.