Tech layoffs are rising in 2026 as AI investment surges. Here’s what’s really driving the cuts — and why AI may not be the ...
Oracle reinstates the CFO role by hiring Hilary Maxson from Schneider Electric as the company reportedly lays off thousands ...
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 ...
Oracle on Monday appointed Hilary Maxson as chief financial officer, ⁠tapping an executive with experience in infrastructure ...
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 ...
Major Bay Area tech company Oracle announced mass layoffs Tuesday, notifying fired employees in an email at 6 a.m.. The ...
Fears regarding a potential slowdown in AI growth have pushed Oracle's stock lower. The company responded by beating expectations, increasing its backlog, and raising next year's guidance. After the ...
March 31 (Reuters) - Cloud computing firm Oracle is laying off thousands of employees, CNBC reported on Tuesday, citing two ...
Oracle Corp. shares soared as much as 15% on Wednesday after the software and cloud services company reported strong sales and issued an outlook that suggests little letup in demand for AI computing.
Oracle (ORCL) posted cloud infrastructure revenue of $4.888B, up 84% year over year, with remaining performance obligations of $553B locked in from large-scale AI contracts, and management raised its ...
Oracle's AI data center strategy boosts revenue forecast to $90 billion by 2027 RPO grows 325% YoY to $553 billion in Q3, surpassing estimates Oracle's cloud margins expected to improve with database ...