Thread regarding Oracle Corp. layoffs

5 replies (most recent on top)

The FY26 10-K is due to be filed at the SEC soon - this will show how much of the $2.1bn restructuring provision has actually been spent. Whatever remains, could give an insight into overspill into Q1. Those unspent funds will probably cover EMEA costs due to the long legal processes there to rif workers.

Then look for the 10-Q filing in September, that’ll give a view on restructuring provisions made for FY27… and provide a hint as to what’s planned next.

by
| | Reply
Post ID: @ht+1ktsn6j29

It’s going to be 2.4b hold on to your ankles

by
| | Reply
Post ID: @gc+1ktsn6j29

@eg The stock dropping from a recent high of 250 to 170 is what Mr Market thinks of that.

by
| | Reply
Post ID: @fn+1ktsn6j29

@eg that’s not restructuring

by
| | Reply
Post ID: @fg+1ktsn6j29

ORACLE SAYS IN FY 2027 IT EXPECTS TO RAISE APPROXIMATELY $40BN THROUGH A COMBINATION OF DEBT AND EQUITY FINANCING

by
| | Reply
Post ID: @eg+1ktsn6j29

Post a reply

: