Oracle’s stock has been on a prolonged slide since last fall as investors have questioned the company’s ambitious artificial-intelligence business strategy. Fears that Oracle ORCL is overspending on ...

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 has announced its biggest-ever layoffs, cutting thousands of jobs across its offices worldwide. The company sent layoffs email on March 31 informing Oracle employees that their role has been ...

It sounded, at first, like a cruel, early April Fool’s joke. But in reality, tech giant Oracle reportedly emailed workers at 6 a.m. on March 31 to deliver digital pink slips (1). “We are sharing some ...

Oracle has eliminated thousands of roles across its global offices. The technology giant sent a termination email to the impacted employees stating that the day they received the email was their last ...

Oracle laid off thousands of people on Tuesday in a move that was widely anticipated as more and more tech companies claim they’ll need fewer workers thanks to the AI boom. The total number of people ...

Shares of Oracle have declined 27 per cent so far this year as investors weigh competition from generative AI and the impact of rising infrastructure spending on cash flow. Oracle announces global ...

Oracle has cut an unspecified number of jobs as the software giant looks to reduce costs and continue growing its artificial intelligence business, according to former employees and multiple reports.

Oracle Corp. has begun layoffs that could affect thousands of employees to cut costs amid heavy debt-funded spending on artificial intelligence infrastructure. The Austin-based cloud computing company ...

Oracle began layoffs on Tuesday, affecting workers across various regions. Affected Oracle employees received layoff notifications that signaled immediate job termination. Laid-off Oracle staff were ...

Oracle laid off some employees on Tuesday, according to two employees and LinkedIn posts. The cuts come as Oracle is trying to cut costs. The company's stock has dropped nearly 30% this year as AI ...