Oracle’s $10 Billion Bet On AI Sends Shares Down 57% And 30,000 Workers Out The Door
- Posted on April 1, 2026
- By Forbes
- 1 Views
Oracle’s $10 Billion Bet On AI Sends Shares Down 57% And 30,000 Workers Out The Door
Oracle’s stock sinks 57% as the company cuts 30,000 jobs to fund a $10 billion AI push, raising concerns about cash flow, margins and future growth.
