Founded in 1977, Oracle is now a $404 billion (by market cap) tech behemoth employing around 140,000 people. See why I rate ...

Oracle stock crashed 43% from its year-to-date peak, yet a swelling backlog of signed AI compute contracts signals real demand, not speculation. OpenAI's delayed IPO triggered a 9% single-week drop in ...

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 ...

Tech stocks were falling on Friday as lofty artificial-intelligence spending faced renewed scrutiny and a report said ChatGPT developer OpenAI could delay its initial public offering until next year.

Although it wasn't until early 2023 that AI in general would become part of the global conversation, the current artificial intelligence revolution can be traced back to the release of ChatGPT 3.5 in ...

The Independent and Yahoo will earn a commission from purchases made via links in this article. Pricing and availability are subject to change. Oracle has reduced its global workforce by roughly ...

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, ...

Oracle fired 21,000 workers citing AI adoption, but stock down 14% and negative free cash flow of $1.87 billion suggest financial distress. Unlike MSFT and GOOG, Oracle burned $23.7 billion in cash ...

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 ...