The stock market is in the throes of a sell-off, with major U.S. indexes like the Nasdaq-100 and the Dow Jones Industrial Average plunging by more than 10% from their record highs as of March 30.

Software giant Oracle on Tuesday started laying off workers as it looks to rein in costs and double down on artificial intelligence. On LinkedIn, Oracle employees, including software engineers, ...

Oracle ORCL0.88%increase; green up pointing triangle began to significantly reduce its workforce Tuesday while it continues to build out costly data centers for artificial-intelligence development.

This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. REDWOOD SHORES, CALIFORNIA - MARCH 10: The Oracle logo is displayed on a building at an ...

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 ...

Oracle is back in focus as layoffs and AI spending collide. The company is reportedly cutting thousands of jobs while trying to control rising data-center costs tied to its aggressive cloud and AI ...

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 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 in the thousands, according to a ...

Employees across the US, India, Canada, and Mexico woke up on 31 March to termination emails from “Oracle Leadership” with no prior warning. TD Cowen estimates the cuts will affect 18% of Oracle’s 162 ...

It was not a phone call. It was not a meeting. For thousands of Oracle employees across the globe, Tuesday morning began with a single email landing in their inboxes just after 6 a.m. EST — and by the ...