Oracle's long-term debt increased roughly 66% since the start of 2025. The company is leaning into artificial intelligence, and so far, that bet is paying off. Artificial intelligence (AI) is the ...

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 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 shares traded slightly lower on Wednesday after news that the company was laying off thousands of workers. The software giant recently said it is raising $50 billion for its data center ...

Oracle's fiscal third-quarter revenue jumped 22% year over year, fueled by an 84% surge in cloud infrastructure sales. The company's remaining performance obligations (RPO) skyrocketed 325% to a ...

Bengaluru: The dreaded 6 am emails from Oracle leadership, along with the sudden revocation of VPN and Slack access, have come to define the ongoing layoffs in India. An estimated 10,000–12,000 ...

The layoffs come amid a push by the organisation to further increase AI investment and adoption. According to a report by CNBC, software maker Oracle has begun informing employees about mass layoffs, ...

Oracle Corp. agreed to purchase as much as 2.8 gigawatts of fuel-cell power from Bloom Energy Corp. to supply data centers for artificial intelligence work. An initial 1.2 gigawatts of capacity has ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min As part of a nationwide wave of ...

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 ...

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 ...

Shares of enterprise software giant Oracle (NYSE:ORCL) jumped 5% in the afternoon session after the company initiated layoffs as part of a strategic shift to focus on artificial intelligence and cloud ...