Oracle Corp. slashed 21,000 jobs in the past year to cut costs amid heavy debt-funded spending on artificial intelligence. The Austin-based cloud computing company’s global workforce was 141,000 ...
Oracle, one of the tech giants behind a massive, $15 billion artificial intelligence data center project in Port Washington, is suing Wisconsin’s Public Service Commission, seeking to loosen financial ...
Tech firm Oracle is suing Wisconsin’s Public Service Commission (PSC) in Ozaukee County Circuit Court, opening a new front in a fight over financial protections for Wisconsin ratepayers. The June 19 ...
Back in March, it was widely reported that Oracle had sent anywhere between 10,000 and 30,000 employees an email, notifying them that it was their last day with the company. Now, we have a more ...
Add Yahoo as a preferred source to see more of our stories on Google. Oracle eliminated roughly twenty-one thousand positions worldwide over the past year as it accelerated its shift toward artificial ...
Oracle reduced its workforce by 13% over the past 12 months and cited AI deployment in an annual filing on Monday. The company currently employs 141,000 full-time workers, down from 162,000 the ...
Oracle (ORCL) reduced its workforce by about 21,000 employees over the past year as part of a restructuring effort aimed at improving operational efficiency and integrating artificial intelligence ...
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Microsoft held talks to lease cloud infrastructure from Oracle worth over $3 billion Talks fell apart because Oracle’s public cloud lacks FedRAMP security approval Oracle was unwilling to add FedRAMP ...
Oracle is warning about a critical PeopleSoft Suite zero-day vulnerability tracked as CVE-2026-35273 that allows unauthenticated remote code execution, with the flaw actively exploited in ShinyHunter ...
Oracle just posted a backlog number so large it reads like a typo. The company’s remaining performance obligations, essentially contracted future revenue, hit $638 billion at the end of its fiscal Q4 ...
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