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 ...

Another billionaire executive has come clean about the carnage he has inflicted on his own workforce over the last year in the name of artificial intelligence. Oracle's ultra-rich co-founder and CTO ...

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.

Buy ORCL. The layoffs are a cost-base reset to fund AI/cloud capex (guided ~$70B capex plus ~$40B financing). The market is reacting to headcount cuts, but the bigger story is reallocation toward data ...

Oracle’s workforce fell 13% in fiscal 2026 as restructuring, AI adoption, and major data-center deals reshaped the business. Drained reflecting pool reveals Trump's 'American flag blue' liner is now ...

June 22 (Reuters) - Oracle's total workforce declined 13%, ⁠or ⁠about 21,000 employees, in ⁠fiscal 2026, as the cloud computing giant continued restructuring its business, partly driven by the ...

Its inclusion in the US CISA catalog of known exploited vulnerabilities is a warning to admins that patching is needed now. US federal government departments have been given until Thursday to patch a ...

Oracle has released the first security fixes in its new monthly Critical Security Patch Update (CSPU) cycle, designed to address urgent vulnerabilities that can’t wait for the company’s quarterly ...

The largest workforce reduction in Oracle's 49-year history crossed a legal threshold today, June 1, as the first cohort of U.S. employees reached their official last working day under the federal ...

Follow this author to personalize your feed and get instant alerts. WHY FOLLOW? Update your preferences in Account Settings Correspondent Oracle chairman and CTO Larry Ellison at the White House in ...