United States Billionaire Larry Ellison $503 Billion Technology Company Oracle Completes 21,000 Job Cuts in Last 12 Months with Workforce at 141,000 in 2026 May, Sent 6 am Email to Cut Thousands of Jobs (Same-Day Termination) in Early 2026, Potential 30,000 Job Cuts Representing 18.5% of Total 162,000 Employees, Oracle Founded in 1977 as Software Development Laboratories by Larry Ellison, Bob Miner & Ed Oates, Current Market Value at $503 Billion, Share Price -10.6% YTD, -15.4% Last 12 Months & +123.1% Last 5 Years

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United States Billionaire Larry Ellison $503 Billion Technology Company Oracle Completes 21,000 Job Cuts in Last 12 Months with Workforce at 141,000 in 2026 May, Sent 6 am Email to Cut Thousands of Jobs (Same-Day Termination) in Early 2026, Potential 30,000 Job Cuts Representing 18.5% of Total 162,000 Employees, Oracle Founded in 1977 as Software Development Laboratories by Larry Ellison, Bob Miner & Ed Oates, Current Market Value at $503 Billion, Share Price -10.6% YTD, -15.4% Last 12 Months & +123.1% Last 5 Years

23rd June 2026 | Hong Kong

United States billionaire Larry Ellison technology company Oracle ($503 billion market value) has completed 21,000 job cuts in last 12 months with workforce at 141,000 in 2026 May.  Oracle was founded in 1977 as Software Development Laboratories by Larry Ellison, Bob Miner & Ed Oates.  Oracle current market value at $503 billion, share price -10.6% YTD, -15.4% last 12 months & +123.1% last 5 years.  In 2026 March, Oracle sent a 6 am email to cut thousands of jobs (Same-day termination), with potential 30,000 job cuts representing 18.5% of total 162,000 Oracle employees.  Full email from Oracle leadership – We are sharing some difficult news regarding your position.After careful consideration of Oracle’s current business needs, we have made the decision to eliminate your role as part of a broader organizational change. As a result, today is your last working day.We are grateful for your dedication, hard work, and the impact you have made during your time with us.After signing your termination paperwork, you will be eligible to receive a severance package subject to the terms and conditions of the severance plan. You will receive an email from DocuSign to your Oracle email address with details on your severance and termination date.

“ United States Billionaire Larry Ellison $503 Billion Technology Company Oracle Completes 21,000 Job Cuts in Last 12 Months with Workforce at 141,000 in 2026 May, Sent 6 am Email to Cut Thousands of Jobs (Same-Day Termination) in Early 2026, Potential 30,000 Job Cuts Representing 18.5% of Total 162,000 Employees, Oracle Founded in 1977 as Software Development Laboratories by Larry Ellison, Bob Miner & Ed Oates, Current Market Value at $503 Billion, Share Price -10.6% YTD, -15.4% Last 12 Months & +123.1% Last 5 Years “

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United States Billionaire Larry Ellison $421 Billion Technology Company Oracle Sends 6 am Email to Cut Thousands of Jobs (Same-Day Termination), Potential 30,000 Job Cuts Representing 18.5% of Total 162,000 Employees, Oracle Founded in 1977 as Software Development Laboratories by Larry Ellison, Bob Miner & Ed Oates, Current Market Value at $421 Billion, Share Price -25.2% YTD, +15.1% Last 12 Months & +93.7% Last 5 Years

5th April 2026 – United States billionaire Larry Ellison technology company Oracle ($421 billion market value) had sent a 6 am email to cut thousands of jobs (Same-day termination), with potential 30,000 job cuts representing 18.5% of total 162,000 Oracle employees.  Oracle was founded in 1977 as Software Development Laboratories by Larry Ellison, Bob Miner & Ed Oates.  Oracle current market value at $421 billion, share price -25.2% YTD, +15.1% last 12 months & +93.7% last 5 years. Full email from Oracle leadership – We are sharing some difficult news regarding your position.After careful consideration of Oracle’s current business needs, we have made the decision to eliminate your role as part of a broader organizational change. As a result, today is your last working day.We are grateful for your dedication, hard work, and the impact you have made during your time with us.After signing your termination paperwork, you will be eligible to receive a severance package subject to the terms and conditions of the severance plan. You will receive an email from DocuSign to your Oracle email address with details on your severance and termination date.

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