After a massive round of layoffs in 2025, Tech giant Oracle has again cut thousands of its employees, including hundreds of ...
Oracle laid off 30,000 works by email at 6 AM. The same quarter, it posted record revenue and a $553 billion backlog.
The cuts come as the software giant invests billions of dollars in expanding its artificial intelligence infrastructure.
Oracle reinstates the CFO role by hiring Hilary Maxson as the company reportedly lays off thousands amid a massive AI ...
Oracle reportedly cut thousands of jobs on March 31 to cut costs as its AI projects grow. Oracle stock rose 5% after the news ...
Oracle on Monday appointed Hilary Maxson as chief financial officer, ⁠tapping an executive with experience in infrastructure ...
Software giant Oracle has named Hilary Maxson as its new chief financial officer amid thousands of layoffs that sent ...
Oracle disclosed plans to slash 654 jobs in the Bay Area after recent reports that the company had emailed termination ...
Oracle has not confirmed how many employees are affected. But investment bank TD Cowen estimates the cuts could total between ...
April 7 (Reuters) - Pacific Investment Management Co. is in talks with the Bank of America to help provide roughly $14 billion of debt financing to build an Oracle data center in Michigan, Bloomberg ...
Oracle has ratcheted up its capital expenditures as it builds data center infrastructure that can handle AI workloads.
Iran’s Islamic Revolutionary Guard Corps (IRGC) claims it has targeted an Oracle data center in Dubai, United Arab Emirates, ...