Job Cuts
2 articles

Corporate Strategy
Oracle Cuts 21,000 Jobs Amid Aggressive AI Investment Drive
Oracle, a tech giant with a market cap exceeding $300 billion, announced it is shedding 21,000 jobs, approximately 15% of its global workforce, as it aggressively pivots to artificial intelligence.
Ethan Caldwell·June 24, 2026

C-Suite Leadership
Nissan shareholders oust director amid executive exodus
Nissan shareholders have voted out a director, triggering a cascade of executive departures, including CEO Makoto Uchida, and leading to 9,000 job eliminations as part of aggressive cost-cutting.
Siobhan O'Malley·June 23, 2026