From Newsgroup: comp.os.vms

Trouble at trCOOracle mill, with (unconfirmed) mass layoffs planned as
the company continues to lose heavily in its bet on AI <https://www.tomshardware.com/tech-industry/artificial-intelligence/oracle-reportedly-set-to-axe-thousands-of-jobs-and-freeze-hiring-for-cloud-division-ai-datacenter-bets-ignite-financial-perfect-storm>.

The stock price is in a tailspin, too. Some investors are even suing
the company over misrepresenting its financial position.
--- Synchronet 3.21d-Linux NewsLink 1.2

From Newsgroup: comp.os.vms

On Sat, 7 Mar 2026 22:43:41 -0000 (UTC), I wrote:

Trouble at trCOOracle mill, with (unconfirmed) mass layoffs planned as
the company continues to lose heavily in its bet on AI <https://www.tomshardware.com/tech-industry/artificial-intelligence/oracle-reportedly-set-to-axe-thousands-of-jobs-and-freeze-hiring-for-cloud-division-ai-datacenter-bets-ignite-financial-perfect-storm>.

10,000 jobs gone, according to <https://www.bbc.com/news/articles/cm296jzzl9yo>.

The stock price is in a tailspin, too. Some investors are even suing
the company over misrepresenting its financial position.

No doubt this will give it a boost, at least temporarily ...
--- Synchronet 3.21f-Linux NewsLink 1.2