Just days after firing 30,000 employees globally, reportedly due to AI-driven cost-cutting, Oracle has appointed Hilary Maxson as its new Chief Financial Officer (CFO) with a massive pay day. While 12 ...

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 ...

REDWOOD CITY, Calif. (KGO) -- Oracle became the latest tech company to issue mass layoffs. The cloud computing company notified 30,000 employees via email on Tuesday that they are out of the job, per ...

Oracle began laying off employees on Tuesday in what could be the largest workforce reduction in the company’s history. Workers in the United States, India, Canada, Mexico, and Uruguay received ...

Oracle (ORCL) achieved organic total revenue and non-GAAP EPS growth of 20%+ in the same quarter for the first time in 15 years, with IaaS revenue surging 84% to $4.888B, but the company is now ...

Shares of Oracle Financial Services Software rose 7% on Friday after the software products firm said inked an agreement with a global banking client in the United States for a perpetual software ...

Oracle (ORCL) reported cloud infrastructure revenue growth of 84% year-over-year to $4.89B in Q3 FY2026, with remaining performance obligations of $553B (up 325% YoY) providing exceptional visibility ...

Oracle Corp.’s mass layoffs on Tuesday were part of the company’s cost-cutting measures as it continues to build out expensive data centers for powering artificial intelligence. But one aspect of the ...

Oracle shares are diving 11% after the database company delivered mixed results and rattled investors with news of a planned $15 billion increase in spending on data centers. Planet Labs stock is ...

Shares of Oracle have come under sustained pressure in recent months as investors worry about heavy spending on artificial intelligence infrastructure. However, analysts at Bernstein argue that the ...