Latest CIO News & Updates

Mumbai, Feb 2 (IANS) US tech giant Oracle is planning to cut 20,000 to 30,000 jobs and sell parts of its activities to help finance expansion of its AI data‑centre capacity, a new report has claimed.The report from CIO, citing an investment bank TD Cowen, said the company cut about 10,000 jobs in late 2025 as part of a $1.6 billion restructuring plan. The total potential layoffs would be the largest in Oracle’s recent history, while TD Cowen estimated the proposed job reductions could free u…