Wednesday, April 1, 2026 1:45AM
REDWOOD CITY, Calif. (KGO) — Oracle became the latest tech company to issue mass layoffs.
The cloud computing company notified 30,000 employees via email on Tuesday that they are out of the job, per Business Insider.
The shift is aimed to free up money to spfinish on artificial innotifyigence projects, according to CNBC.
Oracle has been pulling away from California for years, relocating its world headquarters out of Silicon Valley several years ago.
But the company still has a major presence in Redwood City.
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