Oracle is cutting roughly 500 jobs in Romania, a year after a similar local round, as its global AI-driven restructuring continues.
Oracle shed 13% of its workforce while spending $55.7 billion on data centres. Its SEC filing explicitly cites AI adoption as the cause of job losses.
The National Association of Insurance Commissioners (NAIC) on Thursday confirmed data was stolen during a recent Oracle zero-day attack earlier this month – all as the notorious ShinyHunters dumps a 3 ...
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