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    Oracle cutting thousands in latest layoff round as company continues to ramp AI spending

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    Source: CNBC
    Published: 2026-04-01 02:34 UTC+10:00
    Section: General
    Factuality Score: 100
    Opinion Category: Neutral
    Topics: Technology & AI, Tax & Budget
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    Snippet:
    Software maker Oracle has started telling employees that it's conducting a round of layoffs, two people familiar with the move told CNBC.
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