Oracle plans to cut thousands of jobs which will free up cash flow as the company aggressively invests in its AI data center ...
Oracle has ratcheted up its capital expenditures as it builds data center infrastructure that can handle AI workloads.
Oracle hired Hilary Maxson as the software giant’s new chief financial officer, effective immediately.
Oracle's layoffs affect more than 230 software developers and an additional 48 software development employees in Washington ...
Oracle laid off 158 workers from its Pleasanton office in Northern California, according to a California Worker Adjustment ...
Oracle just delivered a record quarter, with earnings per share and total revenue both up by more than 20% year over year. Management said this was the first time in over 15 years that Oracle ...
Up to 10,000 employees have been impacted by the decision, which Oracle said was part of a "broader organizational change." ...
Layoff documentation provided to the state of Washington by tech giant Oracle shows its cuts affecting a widespread area, ...
Oracle began laying off up to 30,000 employees globally, notifying them via a 6 a.m. email from "Oracle Leadership" with no prior warning from HR or managers.
Oracle landed more contracts and guided for massive growth in its upcoming fiscal year. The company understands that its cash burn is unsustainable. Oracle’s balance sheet has gone from bad to worse.
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SAN FRANCISCO, March 23 (Reuters) - (This March 23 story has been corrected to clarify that Oracle introduced agentic apps that work across its software suite, rather than individual AI agents, in the ...