Oracle gave its new CFO $26M in stock after firing up to 30,000 workers. Employee says an 'algorithm' may have targeted those with stock options first

The cuts came as Oracle posted a 95% profit jump and filed 3,100 H-1B visa petitions.

Oracle’s New CFO Comes From the Power Industry. That Tells You Everything.

This week Oracle announced the hiring of a new chief financial officer, Hilary Maxson. This wouldn’t be that notable were it ...

Oracle axes over 700 workers — the first wave in a bloodbath that could engulf 30K

New details reveal where tech titan Oracle’s layoff axe will fall in the Golden State: 318 workers in Redwood City, 184 in ...

Oracle’s stock is trading at an extreme discount to this key technical indicator

Shares of Oracle are trading at a steep discount to their 200-day moving average as Wall Street doubts the company can hit ...

Pureinsights Discovery 2.8 Introduces MCP Support for Agentic AI Applications

New enterprise connectors for SharePoint Online, OracleDB, SMB, and LDAP expand out-of-the-box data access for AI ...

I was laid off from Oracle after almost 10 years. It felt cold, but it taught me an important lesson about priorities.

A laid-off senior principal technical account manager at Oracle shared her layoff experience and the lessons that are helping ...

Oracle hires new CFO on mammoth salary after ruthless worker bloodbath

The layoffs coincided with revelations that Oracle has been actively filing petitions to hire foreign workers under the H-1B ...

Oracle hires Schneider Electric's Maxson as CFO amid AI spending boom

Oracle on Monday named Hilary Maxson as its ​chief financial officer, tapping an executive with deep experience in ...

Oracle names Schneider Electric's Maxson as CFO amid soaring AI spending

Oracle on Monday appointed Hilary Maxson as chief financial officer, ⁠tapping an executive with experience in infrastructure ...
Psychology Today

The Hidden Psychology of Oracle's Layoffs

Why layoffs like Oracle's hit harder than they should. It’s not the scale or timing of it, but the collapse of the “work as ...

Oracle lays off thousands in latest sign of tough times for tech industry

The cuts come as the software giant invests billions of dollars in expanding its artificial intelligence infrastructure.

Oracle's Backlog: Potential Windfall or Ticking Time Bomb?

The stunner, however, was the increase in the company's backlog. Specifically, Oracle's remaining performance obligation (RPO) -- or contractually obligated revenue that hasn't yet been recognized -- ...