The cuts come as the software giant invests billions of dollars in expanding its artificial intelligence infrastructure.
Employees called it “cowardly.” But from a legal and operational standpoint, mass layoffs change what good leadership looks ...
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.
Emergency out-of-band patches from Microsoft and Oracle signal underlying security issues around update cycles and patching, ...
Oracle surpassed estimates for the quarter, and lifted its guidance for fiscal 2027 revenue. During the quarter, Oracle announced plans to raise $45 billion to $50 billion in the fiscal year to expand ...
Enterprise software giant Oracle is reportedly planning to ax thousands of jobs due to mounting financial pressure from its aggressive push to build AI-focused data centers. The tech powerhouse may ...
Oracle (NYSE: ORCL) just did something it hasn't done in 15 years. In the third quarter of fiscal 2026 (ended Feb. 28), adjusted revenue and earnings per share both grew at least 20% year over year, ...
As first reported by WKRN, the latest agreement gives Oracle more interim room to work with downtown. Public filings and ...
Oracle called recent news reports about Abilene's Stargate data center "false and incorrect" this week. Media reports surrounding the expansion of the artificial intelligence data center indicated a ...
The $400 billion enterprise software and cloud infrastructure giant Oracle is in the hot seat with a fiscal third-quarter earnings drop amid a spotlight on its heavy borrowing and negative free cash ...
The AI trade will be tested as Oracle reports third-quarter earnings. Oracle announced a $50 billion financing plan last month to fund its data center buildout. The tech heavyweight's relationship ...
Oracle's fiscal third-quarter revenue was $17.2 billion -- up 22% year over year. The company's remaining performance obligations recently surged past half a trillion dollars. With shares trading at ...