Oracle’s layoffs are what happens when AI meets corporate make-work, but what happens to the people cut loose?
Oracle on Monday appointed Hilary Maxson as chief financial officer, tapping an executive with experience in infrastructure ...
Employees called it “cowardly.” But from a legal and operational standpoint, mass layoffs change what good leadership looks ...
Oracle is laying off thousands of employees as the database giant pours resources into its AI data center buildout.
Up to 10,000 employees have been impacted by the decision, which Oracle said was part of a "broader organizational change." ...
Oracle began laying off up to 30,000 employees globally, notifying them via a 6 a.m. email from "Oracle Leadership" with no prior warning from HR or managers.
Oracle landed more contracts and guided for massive growth in its upcoming fiscal year. The company understands that its cash burn is unsustainable. Oracle’s balance sheet has gone from bad to worse.
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Shares of Oracle (ORCL) jumped about 10% premarket on Wednesday after fiscal third-quarter results and outlook beat estimates and drew positive reactions from analysts. J.P. Morgan upgraded Oracle's ...
Oracle Cloud Infrastructure (OCI) has become a strategically significant part of Oracle’s business, and one it hopes offers differentiation from the major hyperscalers. The company posted cloud ...
Oracle stock popped as the company reported strong fiscal third-quarter earnings and reassured investors about its AI cloud computing plans. CEO Clayton Magouyrk touted Oracle's ...
Oracle announced it is laying off nearly 500 employees based in Washington.
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