Thousands of Oracle employees were let go recently in a workforce reduction that analysts have estimated could affect up to 30,000 workers. Reporting has linked the cuts to funding the company’s AI ...

The initial wave of a massive bloodbath at Oracle has begun to show up in public filings — with 700 workers expected to lose their jobs by June 1, according to California state records. The software ...

Software giant Oracle has named Hilary Maxson as its new chief financial officer amid thousands of layoffs that sent shockwaves through the company. Maxson, 48, formerly of Schneider Electric, assumes ...

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 ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Oracle cut dozens of software ...

A few weeks after wide speculation that HR tech giant Oracle was eyeing a massive reduction in force to help fund its AI ventures, layoff notices started hitting this week. According to reports, ...

This is read by an automated voice. Please report any issues or inconsistencies here. Software giant Oracle on Tuesday started laying off workers as it looks to rein in costs and double down on ...

Oracle ORCL-3.78%decrease; red down pointing triangle began to significantly reduce its workforce Tuesday while it continues to build out costly data centers for artificial-intelligence development.

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Oracle Corp. on March 26 ...

Oracle on Tuesday reportedly began notifying employees that it is moving forward with a round of layoffs as the company looks to reduce costs. The number of layoffs is in the thousands, according to a ...