Oracle hires new CFO with $950K salary as thousands face layoffs

Oracle reinstates the CFO role by hiring Hilary Maxson from Schneider Electric as the company reportedly lays off thousands ...

When will Oracle's Nashville tech campus arrive? What we know now

It has been nearly five years since Oracle won a major economic development deal to bring a headquarters to Nashville. Now, ...

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

Days after Oracle fired up to 30,000 employees via a 6 a.m. email — as Moneywise previously reported — the company announced ...
Axios on MSN

Following layoffs, Oracle pursues zoning change for East Bank campus

Oracle told Nashville leaders that it is moving forward with a grandiose East Bank development project, despite creeping ...

Why Are ORCL Stock Investors So Excited About Oracle Layoffs?

Oracle’s global layoffs are being viewed not as a sign of weakness but as a strategic move to free up cash for AI expansion, ...
CFO Dive

Oracle taps Schneider Electric alum for CFO amid AI spending surge

Oracle will rely on Hilary Maxson’s financial expertise as it continues an aggressive plan to fund expansion of data centers ...
HR Executive

Oracle’s layoff package puts severance benchmarking under the microscope

Oracle's mass layoff is putting severance design under scrutiny as HR leaders benchmark its terms against Block and other ...

Pimco seeks buyers for portions of $14B Oracle data center financing

Pacific Investment Management Co. (Pimco) is seeking to offload portions of a massive $14 billion debt package linked to Oracle Corp.’s (ORCL) massive data center development in Michigan, according to ...