Categories: Business News

Oracle to spend $700 million more on restructuring costs as it ramps up AI spending

By Deborah Mary Sophia Sept 11 (Reuters) – Oracle said restructuring costs, part of a plan that includes job cuts, will rise about $700 million as the cloud…

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Published: September 12, 2026 16:32:08 IST

By Deborah Mary Sophia Sept 11 (Reuters) – Oracle said restructuring costs, part of a plan that includes job cuts, will rise about $700 million as the cloud company seeks to rein in costs while

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

Published by
Published: September 12, 2026 16:32:08 IST

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