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 ...

It sounded, at first, like a cruel, early April Fool’s joke. But in reality, tech giant Oracle reportedly emailed workers at 6 a.m. on March 31 to deliver digital pink slips (1). “We are sharing some ...

According to reports, several employees received emails from “Oracle Leadership” as early as 6 AM EST, stating that their roles had been eliminated with immediate effect. Many employees said there was ...

Oracle has begun laying off employees across its global offices as part of a broader cost-cutting and organisational restructuring exercise, according to a report by Business Insider. Employees ...

Did our AI summary help? Oracle is estimated to have laid off around 12,000 employees in India, with another round of job cuts likely within a month, according to impacted staff. Globally, the company ...

Oracle laid off thousands of employees on Tuesday as it ramps spending on AI infrastructure projects internally and with major technology partners. The layoffs were carried out via email, according to ...

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 ...

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 ...

Oracle has launched an artificial intelligence (AI) customer excellence centre in Sydney to help its customers across Australia and Oceania adopt the technology, the company announced at its Oracle AI ...

Oracle's latest results have improved investor confidence as it continues to sign more deals for its AI infrastructure. Oracle has adopted a smart strategy of funding data center expansion efforts ...

Oracle reported its third-quarter earnings for fiscal 2026 on Tuesday. The cloud giant is forecasting $50 billion in capital expenditures for the year. To maximize profit, Oracle is focused on cutting ...

Oracle revealed plans to raise up to $50 billion in debt and equity to finance its massive data center commitments The company's 5-year credit default swaps fell 17% as the likelihood of a credit ...