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SEC filing: Oracle sets aside an additional $500M for restructuring, bringing FY total to $2.1B, as it prepares to cut jobs and hails efficiencies from AI tools (Financial Times)

Financial Times : SEC filing: Oracle sets aside an additional $500M for restructuring, bringing FY total to $2.1B, as it prepares to cut ...

19 December 2023

Sources: AWS plans to overhaul its sales team as it aims to increase the share of Fortune 1,000 firms spending over $10M/year on AWS, from less than 20% to 80% (Anissa Gardizy/The Information)

Anissa Gardizy / The Information:
Sources: AWS plans to overhaul its sales team as it aims to increase the share of Fortune 1,000 firms spending over $10M/year on AWS, from less than 20% to 80%  —  Matt Garman, head of sales at Amazon Web Services, plans to reorganize his more than 60,000-person team to address problems …

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