Oracle plans to cut thousands of jobs which will free up cash flow as the company aggressively invests in its AI data center ...

Oracle is undergoing a massive capital reallocation, funding an unprecedented AI and cloud infrastructure buildout. Find out ...

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.

A laid-off senior principal technical account manager at Oracle shared her layoff experience and the lessons that are helping ...

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

SAN FRANCISCO, March 23 (Reuters) - (This March 23 story has been corrected to clarify that Oracle introduced agentic apps that work across its software suite, rather than individual AI agents, in the ...

Oracle operates some of the world's fastest and most cost-effective data centers for processing artificial intelligence (AI) workloads. The company has a staggering $553 billion order backlog for ...

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

Microsoft Corp. will occupy a data center project previously earmarked for Oracle Corp. and OpenAI, scooping up 900 megawatts of capacity after the other two companies walked away from the site. The ...

March 24 (Reuters) - Microsoft has agreed to rent a data center project in Texas that was originally being developed for ‌Oracle and OpenAI, Bloomberg News reported on Tuesday, citing people familiar ...

Oracle severance pay is calculated based on factors like tenure, base salary, and ex gratia. Here's how the pay structure ...