Oracle is conducting a round of layoffs, two people familiar with the move told CNBC. The layoffs were in the thousands, the people said. The software maker has continued to increase spending on data ...
Just days after firing 30,000 employees globally, reportedly due to AI-driven cost-cutting, Oracle has appointed Hilary Maxson as its new Chief Financial Officer (CFO) with a massive pay day. While 12 ...
Oracle began laying off employees on Tuesday in what could be the largest workforce reduction in the company’s history. Workers in the United States, India, Canada, Mexico, and Uruguay received ...
Oracle (ORCL) reported cloud infrastructure revenue growth of 84% year-over-year to $4.89B in Q3 FY2026, with remaining performance obligations of $553B (up 325% YoY) providing exceptional visibility ...
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Oracle Corp.’s mass layoffs on Tuesday were part of the company’s cost-cutting measures as it continues to build out expensive data centers for powering artificial intelligence. But one aspect of the ...
Last week, in conjunction with Oracle AI World London, Oracle announced 22 agentic apps. But is this a major advancement in AI strategy, or an evolutionary step? For that answer, we'll have to wait ...
You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. Oracle offered laid-off US employees four weeks' base salary plus one week per additional year of ...
Helping users take advantage of Oracle’s holistic approach to AI, boosting awareness of the vendor’s cloud infrastructure, and expanding its partner ecosystem are top of the vendor’s New Zealand ...
Shares of Oracle have come under sustained pressure in recent months as investors worry about heavy spending on artificial intelligence infrastructure. However, analysts at Bernstein argue that the ...
NHS Shared Business Services explains how it built a national Oracle Fusion-powered finance platform processing £355 billion in NHS transactions annually - and why that foundation could be key to ...
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