Oracle on Tuesday conducted a round of layoffs affecting thousands of employees, citing “current business needs,” according to multiple reports, resulting in a rise in the software maker’s stock as it ...

Oracle laid off some employees on Tuesday, according to two employees and LinkedIn posts. The cuts come as Oracle is trying to cut costs. The company's stock has dropped nearly 30% this year as AI ...

Oracle on Monday announced it hired a new chief financial officer after the software giant moved forward with layoffs last week. The company announced that Hilary Maxson will serve as the new CFO, ...

Related Digital is finalizing $16 billion of financing for a giant Oracle Corp. data center, after months of stop-and-start negotiations with investors. The developer has been rounding up cash to ...

Oracle is spending aggressively on artificial intelligence infrastructure, with capital expenditure expected to hit $50.64 billion in fiscal year 2026. Free cash flow has turned deeply negative, ...

Oracle shares traded slightly lower on Wednesday after news that the company was laying off thousands of workers. The software giant recently said it is raising $50 billion for its data center ...

Bengaluru: The dreaded 6 am emails from Oracle leadership, along with the sudden revocation of VPN and Slack access, have come to define the ongoing layoffs in India. An estimated 10,000–12,000 ...

Oracle began layoffs on Tuesday, affecting workers across various regions. Affected Oracle employees received layoff notifications that signaled immediate job termination. Laid-off Oracle staff were ...

April 1 (Reuters) - Data center developer Related Digital is closing in on $16 billion of financing for an Oracle (ORCL.N), opens new tab data center in ‌Michigan, a source familiar with the matter ...

Oracle is conducting a round of layoffs, two people familiar with the move told CNBC. The layoffs were in the thousands, the people said. The software maker has continued to increase spending on data ...

Maxson says she aims for investment discipline Oracle faces investor concerns over growing spending Oracle shares have dropped about 25% this year April 6 (Reuters) - Oracle (ORCL.N), opens new tab on ...