Massive AI spending is driving AI infrastructure growth, but also pushing up debt. Strong margins and a $553 billion backlog support long-term upside, but execution risks are high. The shift in ...
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Oracle has laid off approximately 700 workers across California and these workers are expected to lose their jobs by June 1, California state records show. These job cuts are a part of the larger ...
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 ...
The 6am layoff emails caught thousands of Oracle employees off guard. But the warning was hiding in plain sight. Oracle's Q3 FY2026 earnings release, filed on March 10—the same week termination ...
Additional attacks on Thursday included attacks on a US diplomatic facility near Baghdad Airport and an Amazon cloud computing center in Bahrain. Iran's Islamic Revolutionary Guard Corps (IRGC) ...
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 ...
The layoffs, which began on Tuesday, are said to have affected multiple divisions. Oracle has laid off around 12,000 employees in India across multiple divisions. Severance packages reportedly include ...
News that an estimated 30,000 employees are losing their jobs at Oracle comes at a time when the company is claiming to have $533bn in orders to fulfil. As of May 2025, Oracle had a workforce of ...
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 ...
Oracle has initiated a massive global layoff affecting employees worldwide as it pivots resources toward AI infrastructure. The cuts have reached the highest levels of leadership, including a senior ...
Tech giant Oracle has laid off thousands of its workforce in massive job cuts that could reportedly impact 30,000 employees globally amid the company’s push to fund more artificial intelligence ...
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