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Oracle is reportedly among a wave of tech giants hit by DOGE cuts, as defense secretary balks at 'throwing more good taxpayer money after bad'

By Yahoo! Finance   |   6 days ago
Oracle is reportedly among a wave of tech giants hit by DOGE cuts, as defense secretary balks at 'throwing more good taxpayer money after bad'

Oracle, along with other tech companies, faces contract cuts by the Department of Defense due to Trump administration's budget reductions. The termination of contracts impacts Oracle's HR software used by the department. These cuts are part of the administration's aim to reduce federal spending and streamline operations.

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