{"id":1034735,"date":"2026-09-12T08:49:26","date_gmt":"2026-09-12T03:19:26","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1034735"},"modified":"2026-09-12T09:17:09","modified_gmt":"2026-09-12T03:47:09","slug":"cloud-firm-oracle-says-to-spend-700-mn-more-on-restructuring-costs","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/09\/12\/cloud-firm-oracle-says-to-spend-700-mn-more-on-restructuring-costs\/","title":{"rendered":"Cloud firm Oracle says to spend $700 mn more on restructuring costs"},"content":{"rendered":"<p>NEW DELHI: Cloud major Oracle said its restructuring costs, as part of a rationalisation plan that also includes jon cuts, will increase by about $700 million, as the company reins in expenses while making heavy investments to capture surging demand for artificial intelligence (AI) services, according to a regulatory filing on Friday. <\/p>\n<p>The increase raises the total estimated cost of its fiscal 2026 restructuring plan to roughly $2.8 billion, which includes severance payments, contract terminations, and exit costs partly tied to internal AI adoption.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: Cloud major Oracle said its restructuring costs, as part of a rationalisation plan that also includes jon cuts, will increase by about $700 million, as the company reins in expenses while making heavy investments to capture surging demand for artificial intelligence (AI) services, according to a regulatory filing on Friday. The increase raises the total estimated cost of its fiscal 2026 restructuring plan to roughly $2.8 billion, which includes severance payments, contract terminations, and exit costs partly tied to internal AI adoption.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-1034735","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1034735","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1034735"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1034735\/revisions"}],"predecessor-version":[{"id":1034747,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1034735\/revisions\/1034747"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1034735"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1034735"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1034735"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}