Oracle's stock fell 19% this week, the steepest drop since August 2001, the depths of the dot-com bust. The company's capital expenditures surged 162% in the latest fiscal year, with almost $24 ...
The growing use of AI contributed to Oracle laying off 21,000 workers in a year, according to a Securities and Exchange Commission filing on Monday. In its annual regulatory filing for the fiscal year ...
You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. Oracle's head count has been shrinking as it made layoffs to cut costs — and now there's a number ...
Oracle CTO and Executive Chairman Larry Ellison. Source: The Globe and Mail Oracle cut about 21,000 jobs in fiscal 2026 as it restructures around AI and cloud infrastructure, raising questions for ...
June 22 (Reuters) - Oracle's (ORCL.N), opens new tab total workforce declined 13%, or about 21,000 employees, in fiscal 2026, as the cloud computing giant continued restructuring its business, partly ...
Oracle PeopleSoft servers are being targeted in ongoing data theft attacks by the ShinyHunters extortion gang, which claims to have stolen data from over 100 organizations. PeopleSoft is an enterprise ...
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Oracle layoffs 2026: Oracle's largest workforce reduction is entering its final stage, with thousands of employees reaching their official separation dates between June 1 and June 15. The company is ...
A charter bus driver has been charged after he allegedly caused a fatal crash in Virginia that left five people dead. Jing S. Dong, a Staten Island, New York-based driver and non-English-speaking ...