Tech and finance layoffs: Oracle, Block, Morgan Stanley, Capital One headline brutal week for job losses
The past week has been a brutal one for many working in the tech and financial industries.
Thousands of jobs have been lost—or will be lost soon—from companies including Block, Morgan Stanley, Capital One, eBay, and, as reported today, software giant Oracle.
Here’s what you need to know about the layoffs.
Oracle to cut ‘thousands’ of jobs
The most recent news of layoffs came yesterday, after Bloomberg reported that the database software giant Oracle Corporation (NYSE...