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 ...

What just happened? Oracle is trimming tens of thousands of jobs across its global operations as part of a broader realignment toward AI infrastructure. Employees in the US and India reported ...

Oracle Slashes Thousands of Jobs While Doubling Down on AI Expansion Your email has been sent Oracle has begun cutting thousands of jobs as it seeks to ease investor concerns about the scale of its AI ...

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 ...

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 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 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 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 began sending thousands of layoff notifications via a Tuesday morning email as the cloud infrastructure giant continues to refocus resources toward artificial intelligence and other data center ...

Oracle is joining a growing wave of tech companies cutting jobs as they pour billions into artificial intelligence. This morning, the company began implementing sweeping layoffs across multiple ...

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, ...