Rapid7, Mimecast, NTT Data Group, Microsoft, Anthropic and Veeam are among the companies that made significant executive moves last month. New CEOs of Rapid7, Mimecast and NTT Data Group were among ...
PBS has secured a 10-year, eight-figure US-dollar contract with an international bank in Central America. The deal will cover ...
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’s global workforce fell to 141,000 full-time employees as of 31 May 2026, down from 162,000 a year earlier, a net reduction of roughly 21,000 people. The company’s annual regulatory filing ...
Cloud computing giant Oracle has laid off hundreds of Seattle workers since last year, part of sweeping cuts to the company’s workforce. Oracle says artificial intelligence is to blame. The Austin, ...
The headlines about major tech giants announcing massive layoffs due to AI are alarming. Earlier this month, GitLab let 350 of its workers go in an effort to continue funding its AI infrastructure and ...
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 ...
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 reduced its workforce by around 13% over the past fiscal year ended May 31, as the cloud platform provider focused its efforts on artificial intelligence.
Oracle has been finding ways to cut costs as it builds out AI infrastructure.NYSE Oracle's head count has been shrinking as it made layoffs to cut costs — and now there's a number behind its reduction ...
Oracle's head count has been shrinking as it made layoffs to cut costs — and now there's a number behind its reduction. A filing published Monday showed that its global workforce declined by 21,000 ...