Larry Ellison, Oracle, Oracle Layoffs, Cloud Computing, BI Pime, inline, ORCL

Larry Ellison explains Oracle’s restructuring and layoffs: Some of our business units are ‘melting away’ and ‘we just don’t care’ (ORCL)

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Kimberly White/Getty Images Oracle has been conducting rolling layoffs worldwide since March, impacting all sorts of units, including its all-important cloud divisions. On Wednesday, Oracle founder, chairman and CTO Larry Ellison gave some insight into what’s going on. Some business units are not doing well and Oracle is content to let them whither, he explained. […]

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