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 ...
HR Executive

Behind Oracle’s CFO hire: AI-era executives secure key roles in Big Tech

From Oracle to Meta, Big Tech is reshaping its C-suite around AI infrastructure, even as thousands of workers face layoffs.
The Next Web

Oracle appoints Hilary Maxson as CFO to manage its $50 billion AI data centre push

Hilary Maxson, formerly group CFO at Schneider Electric, joins Oracle as it cuts 30,000 jobs and commits $50 billion to AI ...

Oracle releases array of agentic applications for finance, supply chain, HR and customer relations

Oracle ( ORCL) released an array of new agentic applications for enterprises covering finance, supply chain management, human ...

Meta, Oracle and Qualcomm share details on layoffs across California

Recent filings to the California Employment Development Department provide more details about job cuts at major tech ...

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 ...

Oracle’s New CFO Comes From the Power Industry. That Tells You Everything.

This week Oracle announced the hiring of a new chief financial officer, Hilary Maxson. This wouldn’t be that notable were it ...

Oracle axes over 700 workers — the first wave in a bloodbath that could engulf 30K

New details reveal where tech titan Oracle’s layoff axe will fall in the Golden State: 318 workers in Redwood City, 184 in ...