Oracle laid off some employees on Tuesday, according to two employees and LinkedIn posts. The cuts come as Oracle is trying to cut costs. The company's stock has dropped nearly 30% this year as AI ...

Oracle began layoffs on Tuesday, affecting workers across various regions. Affected Oracle employees received layoff notifications that signaled immediate job termination. Laid-off Oracle staff were ...

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 ...

Major Bay Area tech company Oracle announced mass layoffs Tuesday, notifying fired employees in an email at 6 a.m.. The message from one of the world’s largest software companies, chaired by ...

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 ...

Oracle Cloud Infrastructure (OCI) has become a strategically significant part of Oracle’s business, and one it hopes offers differentiation from the major hyperscalers. The company posted cloud ...

Oracle on Tuesday reportedly began notifying employees that it is moving forward with a round of layoffs as the company looks to reduce costs. The number of layoffs is in the thousands, according to a ...

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 ...

Oracle on Tuesday morning laid off twelve thousand employees in India in an exercise expected to impact over 30,000 at conclusion. Oracle’s senior leadership reportedly began notifying affected staff ...

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.

SAN FRANCISCO, March 23 (Reuters) - (This March 23 story has been corrected to clarify that Oracle introduced agentic apps that work across its software suite, rather than individual AI agents, in the ...