Oracle is reportedly among a wave of tech giants hit by DOGE cuts, as defense secretary balks at 'throwing more good

taxpayer money after bad’

Oracle is one of the latest tech giants to be impacted by sweeping cuts to government contracts.

Defense Secretary Pete Hegseth announced last week the department would cut $580 million in funding, grants, and contracts—hitting companies that do business with the Pentagon.

Those cuts targeted the Defense Civilian Human Resources Management System (DCHRMS)—a personnel management software—as well as diversity, equity, and inclusion programs, plus climate change and Covid research line items.

The DCHRMS initiative is based on Oracle software. Looking through contracts and defense websites, Bloomberg identified Oracle, in addition to defense and engineering firm Leidos, as among the companies affected by terminations, the outlet reported Friday.

https://www.msn.com/en-us/news/us/oracle-is-reportedly-among-a-wave-of-tech-giants-hit-by-doge-cuts-as-defense-secretary-balks-at-throwing-more-good-taxpayer-money-after-bad/ar-AA1BRkKx

So, is Musk and his hacker bros. going to take over their contracts too?