The cloud giant's massive $553 billion backlog is turning heads, but a staggering capital expenditure plan has investors ...

Up to 10,000 employees have been impacted by the decision, which Oracle said was part of a "broader organizational change." ...

Oracle is laying off thousands of employees as the database giant pours resources into its AI data center buildout.

Severance includes 4 weeks base salary plus 1 week per year of employment.

Oracle stock rose 6% as the cloud-computing and database company began to reduce its work force. The cuts come as Oracle builds out costly data centers for artificial-intelligence development. The ...

Shares of Oracle rose by 2.5% as of noon Tuesday, marking positive traction for the stock that has declined more than 27% ...

Oracle is cutting staff as the company seeks to curb cost while it invest in AI infrastructure.

Enterprise software giant Oracle is reportedly planning to ax thousands of jobs due to mounting financial pressure from its aggressive push to build AI-focused data centers. The tech powerhouse may ...

Oracle is reportedly planning significant job cuts, potentially thousands, to manage a growing cash crunch fueled by its massive AI data center expansion. This restructuring, costing over $1.6 billion ...

Oracle stock appears to be trading as a proxy for the market's view on OpenAI's ability to raise funds. The market needs clarity on OpenAI's funding and Oracle's ability to meet its AI spending ...

NEW YORK, Jan 14 (Reuters) - Oracle (ORCL.N), opens new tab was sued on Wednesday by bondholders who say they suffered losses because the company ‌chaired by billionaire Larry Ellison failed to ...