Oracle (ORCL) shares jumped more than 4% in premarket trading on Thursday as the IT giant and Amazon Web Services (AMZN) expanded their deal to work on multicloud networking. Amazon shares were little ...

Oracle Corp. agreed to purchase as much as 2.8 gigawatts of fuel-cell power from Bloom Energy Corp. to supply data centers for artificial intelligence work. An initial 1.2 gigawatts of capacity has ...

The initial wave of a massive bloodbath at Oracle has begun to show up in public filings — with 700 workers expected to lose their jobs by June 1, according to California state records. The software ...

This week Oracle announced the hiring of a new chief financial officer, Hilary Maxson. This wouldn’t be that notable were it not for the dramatic transition happening at Oracle as it adds a rapidly ...

Oracle on Monday announced it hired a new chief financial officer after the software giant moved forward with layoffs last week. The company announced that Hilary Maxson will serve as the new CFO, ...

Oracle hired Hilary Maxson as the software giant’s new chief financial officer, effective immediately. Oracle on Monday said Maxson, 48 years old, joins from Schneider Electric, where she served as ...

The tech giant Oracle is expected to lay off thousands of employees as the company, formerly headquartered in Silicon Valley, attempts to address its plummeting stock price tied to artificial ...

Oracle cuts thousands of jobs as investor concerns grow over its $500 billion AI data center push, raising questions about risk, strategy, and long-term returns. Oracle has begun cutting thousands of ...

This is read by an automated voice. Please report any issues or inconsistencies here. Software giant Oracle on Tuesday started laying off workers as it looks to rein in costs and double down on ...

Major Bay Area tech company Oracle announced mass layoffs Tuesday, notifying fired employees in an email at 6 a.m.. The message from one of the world’s largest software companies, chaired by ...

Oracle laid off 491 Seattle workers Tuesday, part of broader cuts at the company amid increased artificial intelligence spending and a falling stock price this year. Business Insider first reported ...

Oracle is conducting a round of layoffs, two people familiar with the move told CNBC. The layoffs were in the thousands, the people said. The software maker has continued to increase spending on data ...