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…

Add NewsX As A Trusted Source
Add as a preferred
source on Google
Published by
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

Recent Posts

S&P 500 ends higher as strong inflation data cements rate-hike bets

By Noel Randewich Sept 11 (Reuters) - Wall Street ended higher on Friday as oil…

September 12, 2026

Bezzecchi smashes San Marino lap record to take pole ahead of Marquez

VIDEO SHOWS: HIGHLIGHTS FROM THE SAN MARINO GRAND PRIX QUALIFYING RESENDING WITH SHOTLIST AND COMPLETE…

September 12, 2026

UPDATE 3-J-League Summaries

Sep 12 (OPTA) - Summaries for the J-League on Saturday (start times are JST) Mito…

September 12, 2026