Oracle on Monday appointed Hilary Maxson as chief financial officer, ⁠tapping an executive with experience in infrastructure ...
The cuts come as the software giant invests billions of dollars in expanding its artificial intelligence infrastructure.
Oracle has ratcheted up its capital expenditures as it builds data center infrastructure that can handle AI workloads.
Oracle laid off 30,000 works by email at 6 AM. The same quarter, it posted record revenue and a $553 billion backlog.
Oracle cuts thousands of jobs as investor concerns grow over its $500 billion AI data center push, raising questions about ...
The global tech company filed a notice with the state showing that hundreds of employees across numerous roles will lose ...
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.
Oracle (NYSE: ORCL) just did something it hasn't done in 15 years. In the third quarter of fiscal 2026 (ended Feb. 28), adjusted revenue and earnings per share both grew at least 20% year over year, ...
Shares of Oracle (ORCL) jumped about 10% premarket on Wednesday after fiscal third-quarter results and outlook beat estimates and drew positive reactions from analysts. J.P. Morgan upgraded Oracle's ...
Oracle Cloud Infrastructure (OCI) has become a strategically significant part of Oracle’s business, and one it hopes offers differentiation from the major hyperscalers. The company posted cloud ...