Hilary Maxson used her first companywide meeting to frame the cuts as a matter of prioritizing resources, not squeezing ...
Adding to investor pessimism today is the growing belief among investors that the Federal Reserve may hike rates at its next meeting. That could make Oracle's current AI spending even more expensive ...
Oracle began another round of layoffs Monday after reporting booming AI cloud revenue and billions in new contracts.
Oracle's workforce fell by around 21,000 employees, or 13 per cent, during fiscal 2026. Its global headcount stood at roughly 141,000 at May-end.
Oracle is reportedly cutting jobs again, with around 3,000 Indian employees potentially affected as the company shifts focus ...
Employee says Oracle executives focused on growth, customer demand and AI opportunities while not directly addressing the ...
Oracle has added about $700 million to its restructuring plan, lifting expected costs to roughly $2.8 billion as AI and cloud ...
Oracle is cutting jobs while ramping up AI spending, with CFO Hilary Maxson rejecting a “do more with less” approach to workforce management.
For some Oracle employees, the Monday morning began with an e-mail that spelled the end of the road. It seems like workers at the technology giant were stunned after they learned that they were fired.
Oracle posted strong quarterly growth as AI demand fueled cloud infrastructure expansion.
Along with threatening to replace human workers with AI, some companies are cutting jobs to free up cash for AI investments.
Fresh workforce reductions at Oracle have reached India, with product engineering teams seeing the deepest impact as the ...
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