To fund its massive AI bet of hundreds of billions, Oracle (ORCL.US) reportedly initiates a new round of layoffs: some teams may face double-digit percentage cuts.

智通财经2026/08/12 01:36

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According to Golden Ten Data APP, internal documents and several informed sources have revealed that Oracle (ORCL.US) is formulating a new round of layoffs to reduce employee costs. Some teams may face layoffs reaching double-digit percentages, and the company has requested managers to submit lists of affected employees, aiming to complete cost reductions before the beginning of the second fiscal quarter on September 1.

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According to reports, Toyota announced on the 27th that it has asked its parts suppliers to cut raw material costs and reduce prices. However, Toyota stated that this measure is not one-size-fits-all and negotiations will be conducted on a case-by-case basis. A response from Toyota China today clarified that this matter pertains to Japan and has no relation to China. (Yicai)

智通财经•2026/08/28 02:01

The US dollar has just reached the 6.7200 threshold against the offshore yuan, now quoted at 6.7200, up 0.02% on the day; the US dollar is currently quoted at 6.7210 against the onshore yuan, up 0.03% on the day.

智通财经•2026/08/28 02:01

Spot silver fell 1.01% intraday to $68.54 per ounce; COMEX silver futures main contract last traded at $69.36 per ounce, down 1.26% intraday.

智通财经•2026/08/28 01:56