One of America's biggest technology companies is cutting jobs on a significant scale, even as it bets billions on an ...

Oracle is reportedly planning layoffs that could affect up to 30,000 employees as the company deals with financial pressure from AI data centre investments linked to its partnership with OpenAI.

The move comes as Oracle grapples with an imminent cash crunch caused by its rapid AI data center expansion efforts.

Oracle may cut thousands of jobs in 2026 as it redirects billions toward AI data centres, automation and its massive Stargate infrastructure project.

Oracle is actively promoting its AI data center progress and job creation efforts amidst significant investor concerns. The company's massive $300 billion OpenAI cloud contract, signed in September ...

American technology company Oracle was founded over 50 years ago and it has remained relatively quiet since the artificial intelligence (AI) bubble inflated and took off in 2022. That was until a ...

Oracle plans thousands of job cuts as it struggles with cash pressure from a huge AI data-centre expansion. The cloud company is investing heavily to support deals with OpenAI, xAI and Meta. Investors ...

Janus Henderson Investors, an investment management company, released its “Forty Fund” third-quarter 2025 investor letter. A copy of the letter can be downloaded here. US equities surged in the third ...

Austin-based technology titan Oracle Corp. recently announced plans to raise between $45 billion and $50 billion this year to help fund its growing artificial intelligence infrastructure plans. The ...

New AI-powered EHR will replace multiple information systems and connect care teams across the hospital system to provide high-quality care Sunnybrook is a fully accredited academic health sciences ...

Oracle has named Clay Magouyrk and Mike Sicilia as CEOs, with current CEO Safra Catz becoming executive vice chair of the technology company’s board. The announcement comes as Oracle founder Larry ...