Hilary Maxson - Truenewj

Oracle’s new CFO netted million in stock after layoffs. Employee says ‘algorithm’ first targeted workers with stock options

Oracle’s new CFO netted $26 million in stock after layoffs. Employee says ‘algorithm’ first targeted workers with stock options

amefika2 months ago04 mins

Days after Oracle laid off 30,000 employees via 6 a.m. email (as Moneywise previously reported), the company announced its next big move: hiring a new CFO with a $26 million stock package. Meanwhile, some laid-off workers have raised questions on LinkedIn and job forums about how Oracle chose who to lay off; one 30-year veteran…

Oracle just got a new CFO. Does that make ORCL stock a buy, sell or hold here?

amefika2 months ago05 mins

Oracle Corporation’s (ORCL) latest leadership shakeup adds a new variable to an already changing investment story. Oracle named Hilary Maxson as chief financial officer, effective April 6, bringing in an experienced financial executive who served as executive vice president and group chief financial officer at Schneider Electric (SBGSY) at a time when the company is…