Oracle is expanding its layoffs plan by $700 million as AI data center costs mount

What happened

The total cost of Oracle's restructuring plan now stands at roughly $2.8 billion, up from a prior estimate of $2.1 billion

Summary assembled by rule from the sources below

Timeline

1. 13:23
   First appeared on Yahoo FinanceYYahoo Finance
2. 13:23
   Quartz started reportingQQuartz

Sources