The Wall Street Journal: Oracle lays off hundreds of employees

Oracle Corp.
ORCL,
-0.06%

 laid off hundreds of employees this week as a business program provider prioritizes a medical IT services and cloud businesses, according to people informed with a company’s actions.

The pursuit cuts predominantly strike staff during Oracle’s promotion and patron knowledge group, a people said. The organisation sells services to assistance clients investigate information about their business and aim promotion to those customers.

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