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Tag: tech industry

All Finances

Oracle faces up to 30,000 job cuts in AI overhaul, veterans hit hardest

April 28, 2026April 28, 2026 - by cmedia

IBNS-CMEDIA: In one of its largest workforce reductions in years, Oracle has laid off an estimated 20,000 to 30,000 employees globally, underscoring a deep shift toward an AI-first business model …

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Finance/Business / Technology

Samsung Electronics co-CEO, 63-year old Han Jong-hee dies, leavs new appointee in charge

March 25, 2025March 25, 2025 - by cmedia

#Samsung Electronics# Han Jong-hee# Samsung co-CEO# Han Jong-hee death# Samsung leadership# tech industry# AI semiconductor market Seoul/IBNS-CMEDIA: Samsung Electronics has confirmed the passing of its co-CEO Han Jong-hee at the …

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