Oracle has named Hilary Maxson as its new chief financial officer, effective immediately, following thousands of job cuts. The move comes amid criticism of the company for hiring foreign workers under the H-1B visa program. Maxson, a 48-year-old Cornell graduate with an MBA, has previously worked at The AES Corporation, Citibank and Bank of America. The company's decision to appoint Maxson comes amid rising debt from its extensive AI infrastructure investments and widespread backlash from US workers. The appointment has been criticized as being a "slap in the face" to US citizens laid off.