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Tech Layoffs: India’s technology sector has seen two of its most significant workforce reductions in two consecutive years. US-based IT firm Oracle’s 2026 layoffs stand out as a sudden, single-day ...
Oracle shares traded slightly lower on Wednesday after news that the company was laying off thousands of workers. The software giant recently said it is raising $50 billion for its data center ...
In February, Oracle had announced plans to raise up to $50 billion this year to fund its 'rapidly growing' cloud infrastructure business. Thirty thousand Oracle employees woke up on Tuesday to a cold ...
Oracle has begun laying off employees globally as part of a cost-cutting exercise, with workers receiving notifications on March 31, according to a report by Business Insider. The extent of the ...
Tech giant Oracle has carried out what employees describe as significant job cuts, with reports of thousands of roles being eliminated as the company expands its use of artificial intelligence.
Quote of the Day by Larry Ellison: Oracle founder says winning is not just about one particular achievement as once you start winning, you don't want to stop Larry Ellison, co-founder and former CEO ...
Oracle has cut an unspecified number of jobs as the software giant looks to reduce costs and continue growing its artificial intelligence business, according to former employees and multiple reports.
Iran’s Islamic Revolutionary Guard Corps (IRGC) said Tuesday that it plans to target major U.S. technology companies across the Middle East, including Apple, Microsoft and Google, on Wednesday amid ...
Oracle on Tuesday conducted a round of layoffs affecting thousands of employees, citing “current business needs,” according to multiple reports, resulting in a rise in the software maker’s stock as it ...
A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free here. Oracle is reportedly laying off thousands of employees, adding to an already long ...