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Oracle's new CFO got $26M in stock after layoffs. Employee thinks 'algorithm' targeted workers with stock options first

This article adheres to strict editorial standards. Some or all links may be monetized. Days after Oracle fired up to 30,000 employees via a 6 a.m. email — as Moneywise previously reported — the ...
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Oracle gave its new CFO $26M in stock after firing up to 30,000 workers. Employee says an 'algorithm' may have targeted those with stock options first

This article adheres to strict editorial standards. Some or all links may be monetized. Days after Oracle fired up to 30,000 employees via a 6 a.m. email — as Moneywise previously reported — the ...
Money.ca on MSN

Oracle handed its new CFO US$26M in stock while gutting 30,000 jobs — and Canadians holding employer stock options should take note

When a mass layoff wipes out 30,000 jobs and an ‘algorithm’ may decide who gets cut first, here’s what every Canadian with ...
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'Everyone’s a Line On a Spreadsheet:' Inside Oracle’s Mass Layoffs and the Workers Fighting Back

Oracle chairman and CTO Larry Ellison at the White House in 2025. —Andrew Harnik—Getty Images On March 31, a longtime Oracle employee named Jill drove to the hospital for a very overdue back surgery ...