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

Learn more Days after Oracle fired up to 30,000 employees via a 6 a.m. email — as Moneywise previously reported — the company ...

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

The cuts came as Oracle posted a 95% profit jump and filed 3,100 H-1B visa petitions.
Outlook Business

Oracle Layoffs Were 'Not Random', Insider Claims Algorithm Targeted Top Talent

Nina Lewis, Security Alert Manager, Oracle wrote in a post on Linkedin that the layoffs may not have been entirely random. “Well, after 34 (33 of them great) years at Oracle, I join the 30,000 or so ...
Chicago Tribune

TikTok’s algorithm to be licensed to US joint venture led by Oracle and Silver Lake

WASHINGTON — Tech giant Oracle will spearhead U.S. oversight of the algorithm and security underlying TikTok’s video popular platform under the terms of a deal laid out Monday by President Donald ...
AOL

TikTok’s algorithm will be overseen by Oracle in the US after the sale is completed

The White House has answered what had been one of the major outstanding questions regarding its pending deal to transfer TikTok’s US operations to a majority American ownership group: Under the ...
AOL

TikTok's algorithm to be licensed to US joint venture led by Oracle and Silver Lake

WASHINGTON (AP) — Tech giant Oracle will spearhead U.S. oversight of the algorithm and security underlying TikTok's popular video platform under the terms of a deal laid out this week by President ...