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 ...

Oracle is spending aggressively on artificial intelligence infrastructure, with capital expenditure expected to hit $50.64 billion in fiscal year 2026. Free cash flow has turned deeply negative, ...

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 ...

Maxson says she aims for investment discipline Oracle faces investor concerns over growing spending Oracle shares have dropped about 25% this year April 6 (Reuters) - Oracle (ORCL.N), opens new tab on ...

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 ...

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, ...

Oracle Corp. and Amazon Web Services Inc. seem to be putting their longstanding rivalry aside in favor of a more pragmatic ...

Another round of layoffs has hit the tech industry, this time at SaaS giant Oracle Corporation (NYSE: ORCL). The job cuts reportedly came out of the blue for most affected employees, with many ...

In the world of Big Tech, timing often tells a deeper story than the announcement itself. At Oracle, that timing has raised eyebrows. Just days after thousands of employees reportedly lost their jobs ...

Oracle announced it is laying off nearly 500 employees based in Washington. Oracle, a global tech company that specializes in cloud computing, revealed thousands of workers are being laid off in a ...

A gauge of Oracle Corp.’s credit risk closed at an all-time high Friday, the latest sign that investors are growing increasingly wary about the technology giant’s heavy debt load amid rising oil ...