https://www.live-feeds.com/feed/oracle-cfo-says-doing-more-with-less-isn-t-the-answer-in-all-hands-after-layoffsContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/oracle-cfo-says-doing-more-with-less-isn-t-the-answer-in-all-hands-after-layoffshttps://www.live-feeds.com/feed/oracle-cfo-says-doing-more-with-less-isn-t-the-answer-in-all-hands-after-layoffs#u72065Thu, 17 Sep 2026 04:20:45 +0000Oracle has initiated a new round of layoffs, delivered via 6 a.m. emails informing staff that their employment ended immediately. CFO Hilary Maxson addressed the cuts in her first companywide meeting, stating that "doing more with less" is not the answer. Instead, Maxson urged employees to simplify processes and prioritize resource allocation as the company increases investment in AI infrastructure. This workforce reduction follows a banner quarter and coincides with Oracle adding $700 million to the cost of its AI transformation.Why it mattersThe company is shifting resources toward