Oracle laid off 30,000 works by email at 6 AM. The same quarter, it posted record revenue and a $553 billion backlog.

After a massive round of layoffs in 2025, Tech giant Oracle has again cut thousands of its employees, including hundreds of ...

The cuts come as the software giant invests billions of dollars in expanding its artificial intelligence infrastructure.

Oracle reportedly cut thousands of jobs on March 31 to cut costs as its AI projects grow. Oracle stock rose 5% after the news ...

Oracle's long-term debt increased roughly 66% since the start of 2025. The company is leaning into artificial intelligence, ...

Oracle reinstates the CFO role by hiring Hilary Maxson as the company reportedly lays off thousands amid a massive AI ...

Oracle on Monday appointed Hilary Maxson as chief financial officer, ⁠tapping an executive with experience in infrastructure ...

Shares of Oracle rose by 2.5% as of noon Tuesday, marking positive traction for the stock that has declined more than 27% ...

April 7 (Reuters) - Pacific Investment Management Co. is in talks with the Bank of America to help provide roughly $14 billion of debt financing to build an Oracle data center in Michigan, Bloomberg ...

Oracle has not confirmed how many employees are affected. But investment bank TD Cowen estimates the cuts could total between ...

Software giant Oracle has named Hilary Maxson as its new chief financial officer amid thousands of layoffs that sent ...

Oracle disclosed plans to slash 654 jobs in the Bay Area after recent reports that the company had emailed termination ...