Oracle Cuts Jobs in US Unit Where Results Disappointed (1)

Oracle Corp. cut jobs in marketing and the US customer experience division, signaling a pullback in customer analytics and advertising services.

Some workers were told Monday that their positions had been eliminated, according to four people with direct knowledge of the matter. Junior sales employees as well as a division sales director were among those let go, according to one former worker who lost their job and asked not to be named to avoid professional repercussions. Rumors of pending cuts had swirled through the division in recent weeks, but management said the positions were safe, one former employee said.

The ...