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U.S. stocks fell Tuesday as crude oil extended higher, pushing the 10-year Treasury yield above 4.8% and reviving bets the Federal Reserve could raise rates next week. The Dow led declines, while Amgen was the biggest drag.
Oracle is cutting 21,000 jobs as Elizabeth Warren warns AI could eliminate millions of jobs
Oracle reduces workforce by 13% over the past 12 months, citing AI deployment, and joins other tech giants in slashing jobs to offset AI buildout costs
Oracle reduces workforce by 13% over the past 12 months, citing AI deployment
Oracle reduces workforce by 13% over the past 12 months, citing AI deployment
Oracle reduces workforce by 13% over the past 12 months, citing AI deployment
Oracle reduces workforce by 13% over the past 12 months, citing AI deployment, and joins other tech giants in slashing jobs to offset massive AI buildout spending
Oracle reduced its workforce by 13% over the past 12 months, citing AI deployment, and now employs 141,000 full-time workers