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Oracle's mass layoffs last week are still grabbing headlines with employees coming out sharing their ordeal. This marks the company’s largest restructuring ever as it grapples with massive debt from a ...
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 has reportedly begun a major round of job cuts in India, with around 12,000 employees said to have been laid off and more reductions likely in the coming weeks, according to affected staff. The ...
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 is accelerating data center construction timelines and managing costs. It is justifying its spending by fulfilling highly profitable contracted capacity. Oracle’s cash burn is taking a toll on ...
Demand for cloud infrastructure is driving the highest growth in Oracle's revenue and adjusted earnings in 15 years. Oracle says new AI customers are adding additional services, creating a "halo ...
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Oracle (ORCL) is down 23% year-to-date and 54% off September 2025 highs at $149.40. The company has $553B in remaining performance obligations, up 325% year-over-year, with FY2026 capex guidance at ...
One Guggenheim analyst isn't blinking. Even as Oracle (NYSE:ORCL) stock sits down 23% year-to-date and roughly 54% off its September 2025 highs, the firm's analyst hasn't touched the $400 price target ...
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