> In August 2022, Business Insider reported that Oracle Advertising made $2 billion in revenue. At the time, revenue was only growing by 2% a year and many employees had been laid off as part of a reorganization in 2022, Business Insider reported.
Did Oracle correctly predict that the business was contracting significantly and manage decline with layoffs? Or did they overcompensate for slow growth and kill a $2 billion business?
Did Oracle correctly predict that the business was contracting significantly and manage decline with layoffs? Or did they overcompensate for slow growth and kill a $2 billion business?