CNBC

Oracle cutting thousands in latest layoff round as company continues to ramp AI spending

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 ...
New York Post

Oracle hires new CFO on mammoth salary after ruthless worker bloodbath

Software giant Oracle has named Hilary Maxson as its new chief financial officer amid thousands of layoffs that sent shockwaves through the company. Maxson, 48, formerly of Schneider Electric, assumes ...
Fox Business

Oracle laying off thousands of workers to cut costs amid AI push: report

Oracle on Tuesday reportedly began notifying employees that it is moving forward with a round of layoffs as the company looks to reduce costs. The number of layoffs is in the thousands, according to a ...
Seeking Alpha

Oracle begins laying off employees to support AI buildout: report

Oracle (ORCL) started laying off employees on Tuesday to drive down costs to support its artificial intelligence infrastructure buildout, according to Business Insider. Shares rose 3% in midday ...
Gizmodo

Iran Says It Hit Oracle Facilities in the UAE

Iran’s Islamic Revolutionary Guard Corps (IRGC) claims it has targeted an Oracle data center in Dubai, United Arab Emirates, according to Iranian state media. The alleged strike comes only two days ...
Reuters

Oracle begins layoffs affecting thousands, CNBC reports

March 31 (Reuters) - Cloud computing firm Oracle (ORCL.N), opens new tab is laying off thousands of employees, CNBC reported on Tuesday, citing two people familiar with the matter. Late on Tuesday, ...
Wall Street Journal

Debris From Iranian Strike Falls on Oracle Building in Dubai

An Oracle building in Dubai, pictured on Friday.Wen Xinnian/Xinhua/ZUMA Press The United Arab Emirates said debris from an aerial interception had fallen on an Oracle building in Dubai. The minor ...
9NEWS

Oracle begins notifying employees of another round of layoffs

NASHVILLE, Tenn. — Oracle on Tuesday announced it will begin laying off staff as the company seeks to cut costs. According to Business Insider, the cuts appear to have impacted employees globally, and ...
The Guardian

US tech firm Oracle cuts thousands of jobs as it steps up AI spending

Company chaired by Trump ally Larry Ellison seeks to reassure investors that bet on AI infrastructure will pay off Oracle is cutting thousands of jobs as the US technology company seeks to reassure ...
KSBW The Central Coast

Hot dog! Giants fans can take on viral '9-9-9' challenge at Oracle Park this season

A hot dog and beer at the ballpark are something of a staple, but maybe not nine times in one game.Unless you can “mustard” enough courage and have a strong stomach.It’s one of the newest attractions ...
BBC

Thousands lose their jobs in deep cuts at tech giant Oracle

Oracle co-founder Larry Ellison (pictured) is one of the world's richest people Tech giant Oracle made "significant" job cuts on Tuesday, according to senior employees posting online. Michael Shepherd ...