Oracle Corp. has cut more than 150 jobs in its cloud division, a move that underscores the balancing act tech companies face

More than 150 jobs were cut in the Seattle area, which is traditionally the unit’s hub, according to two people familiar with the figures. Oracle said last year it was moving its headquarters to Nashville, and the company currently has more jobs listed in Tennessee than any other state.

Oracle has reportedly announced job cuts within its cloud division, reflecting a trend among companies managing expenses in light of escalating investments in AI infrastructure. Employees were informed week commencing 10 August,