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 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 ...
This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. Shares of Oracle, the decades-old database software company scrambling to break into the ...
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.
The global tech company filed a notice with the state showing that hundreds of employees across numerous roles will lose ...
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.
Layoff documentation provided to the state of Washington by tech giant Oracle shows its cuts affecting a widespread area, ...
Oracle's (NYSE: ORCL) stock price jumped 9.2% on March 11 in response to its third-quarter fiscal 2026 earnings and updated guidance. But the stock is still down big year to date and is over 50% off ...
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.
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