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According to Bloomberg News, Oracle plans to cut thousands of jobs as data center costs rise

According to Bloomberg News, Oracle plans to cut thousands of jobs as data center costs rise

vm_adminMarch 5, 2026

By Reuters
Publication Date: 2026-03-05 18:13:00

Enterprise software company Oracle plans to cut thousands of jobs as it faces a cash crunch due to a massive AI data center expansion, Bloomberg News reported Thursday.

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Oracle

Tagged Bloomberg, Center, costs, cut, Data, jobs, news, Oracle, plans, Rise, Thousands

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