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Oracle: Subsequent to Aug. 31, Management Supplemented 2026 Restructuring Plan by About $700M to Reflect Expected Additional Actions
Oracle NYSE:ORCL revealed an additional $700M in restructuring costs tied in part to layoffs, according to a Friday filing with the U.S. Securities and Exchange Commission."Subsequent to August 31, 2026, our management supplemented the 2026 Restructuring Plan by approximately $700 million to reflec…