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 on Monday announced it hired a new chief financial officer after the software giant moved forward with layoffs last week. The company announced that Hilary Maxson will serve as the new CFO, ...

In July 2025, Oracle and OpenAI formalised what is arguably the largest cloud computing deal in history. OpenAI committed to spending $300 billion on Oracle's infrastructure over roughly five years, ...

Oracle hired Hilary Maxson as the software giant’s new chief financial officer, effective immediately. Oracle on Monday said Maxson, 48 years old, joins from Schneider Electric, where she served as ...

The 6am layoff emails caught thousands of Oracle employees off guard. But the warning was hiding in plain sight. Oracle's Q3 FY2026 earnings release, filed on March 10—the same week termination ...

Iran’s Islamic Revolutionary Guard Corps (IRGC) claims it has targeted an Oracle data center in Dubai, United Arab Emirates, according to Iranian state media. The alleged strike comes only two days ...

FINANCIAL MARKETS. HE SAYS THOSE WOULD BE TEMPORARY. WELL, HUNDREDS OF JOBS ARE AT RISK HERE IN KANSAS CITY. ORACLE SAYS IT IS CUTTING MORE THAN 500 POSITIONS. KMBC9 BRIAN JOHNSON IS GETTING ANSWERS ...

Oracle laid off thousands of people on Tuesday in a move that was widely anticipated as more and more tech companies claim they’ll need fewer workers thanks to the AI boom. The total number of people ...

See more of our trusted coverage when you search. Prefer Newsweek on Google to see more of our trusted coverage when you search. Thousands of Oracle workers woke Tuesday to an email from their ...

An unknown number of Oracle Corp. employees woke up on the morning of March 31 to find an email from their employer informing them that it would be their last day on the job. "We are sharing some ...

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 ...