Reported cuts would come after 9,000 positions already targeted as sales and margins weaken
Handelsblatt report says the cuts would come on top of 9,000 layoffs already agreed at the sports car brand
AI expansion pushes restructuring bill higher as Oracle focuses on controlling costs and cash burn
Restructuring aims to lower costs ahead of new vehicle and EV investment
Project OT explored smaller teams and AI agents as Meta cut 8,000 jobs in May