Business Is Booming for Many Tech Giants. They're Laying Workers Off Anyway

finance.yahoo.com/news/business-booming-many-tech-giants-140000652.html

Key Takeaways
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Booming AI demand this week sent Oracle's stock to a record high not long after reports that the computing giant laid off hundreds of workers.
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Several other tech giants like Microsoft and Amazon have recently cut jobs to lower costs while spending billions on AI…

This story appeared on finance.yahoo.com, 2025-09-13 14:00:00.
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