Oracle has laid off between 20,000 and 30,000 employees globally, representing roughly 18% of its workforce, primarily to ...

Oracle stock peaked at around $328 last September, and it has since plummeted by 57%. By one widely used valuation metric, ...

Investment bank TD Cowen estimated that up to 30,000 people could be impacted by the job cuts, representing around 19 per ...

Cloud ERP such as Fusion and NetSuite, Cloud Infrastructure (OCI) and Applications-growing at a rapid clip, the need for ...

AI database innovation at Oracle drives a redesigned data platform with vector search, AI agents, stronger privacy controls ...

The enterprise software and cloud computing sector is shifting rapidly as demand for artificial intelligence infrastructure ...

Oracle plans to cut thousands of jobs which will free up cash flow as the company aggressively invests in its AI data center ...

Related Digital is finalizing $16 billion of financing for a giant Oracle Corp. data center, after months of stop-and-start negotiations with investors.

Oracle is laying off 539 employees at its Kansas City campus as part of a nationwide cut to reallocate resources toward AI ...

The cuts come as the software giant invests billions of dollars in expanding its artificial intelligence infrastructure.

Billionaire Larry Ellison's Oracle sent layoff emails to employees worldwide at 6 a.m. Tuesday, with some analysts estimating ...