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

Oracle laid off 30,000 works by email at 6 AM. The same quarter, it posted record revenue and a $553 billion backlog.

Oracle has ratcheted up its capital expenditures as it builds data center infrastructure that can handle AI workloads.

Oracle cuts thousands of jobs as investor concerns grow over its $500 billion AI data center push, raising questions about ...

Oracle is increasingly well positioned to benefit from AI through its infrastructure software segment and by embedding AI into its applications. Oracle’s leverage adds risk to the investment thesis.

Thousands of job losses have been reported, impacting many roles at Oracle Cloud Infrastructure including software ...

Oracle (NYSE:ORCL | ORCL Price Prediction) has undergone a staggering valuation reset, currently trading at $146.38, a 58% ...

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 shares rose 6% on Tuesday after reports of the layoffs, indicating that investors interpreted the move as a sign of ...

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 ...

An estimated 30,000 employees were notified of their exit from the Bay Area software company via email at 6 a.m. on Tuesday ...