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

The cuts came as Oracle posted a 95% profit jump and filed 3,100 H-1B visa petitions.
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.

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 ...

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 ...

Pureinsights Discovery 2.8 Introduces MCP Support for Agentic AI Applications

New enterprise connectors for SharePoint Online, OracleDB, SMB, and LDAP expand out-of-the-box data access for AI ...

I was laid off from Oracle after almost 10 years. It felt cold, but it taught me an important lesson about priorities.

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

Oracle’s new CFO is ‘built for capex.’ What Hilary Maxson means for the stock.

Oracle’s appointment of Hilary Maxson as its new chief financial officer is a clean fit with the company’s rapid data-center ...

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 ...