Recent filings to the California Employment Development Department provide more details about job cuts at major tech ...
A laid-off senior principal technical account manager at Oracle shared her layoff experience and the lessons that are helping ...
The layoffs coincided with revelations that Oracle has been actively filing petitions to hire foreign workers under the H-1B ...
Oracle is laying off 539 employees at its Kansas City campus as part of a nationwide cut to reallocate resources toward AI ...
Oracle’s stock sinks 57% as the company cuts 30,000 jobs to fund a $10 billion AI push, raising concerns about cash flow, ...
The cuts come as the software giant invests billions of dollars in expanding its artificial intelligence infrastructure.
Oracle has not confirmed how many employees are affected. But investment bank TD Cowen estimates the cuts could total between ...
Oracle acquired health care information technology company Cerner in June 2022 for $28.3 billion. Cerner was founded in ...
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 -- ...
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Oracle is actively promoting its AI data center progress and job creation efforts amidst significant investor concerns. The company's massive $300 billion OpenAI cloud contract, signed in September ...