alt Hacker News> By the end of fiscal year 2026, the company's workforce was slashed by about 21,000 employees – a decline of roughly 13% – from 162,000 to 141,000 workers.
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> Story by WALLA! MONEY
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> By the end of fiscal year 2026, the company's workforce was slashed by about 21,000 employees – a decline of roughly 13% – from 162,000 to 141,000 workers.
Is this article from the future?
> Story by WALLA! MONEY
Who?
Oracle's fiscal year is June through May. And they enumerate their years so that the year number matches the calendar year when the year closes in May.
I'd guess their fiscal year is trying to align with fiscal years of schools and governments, which are major customers and often have budget cycles aligned july-june or similar.