Oracle stock has worst week since 2001 dot-com bust as AI financing concerns escalate

Oracle's stock fell 19% this week, the steepest drop since August 2001, the depths of the dot-com bust. The company's capital ...

Oracle’s 21,000 layoffs help drive its debt-fueled AI investments

The growing use of AI contributed to Oracle laying off 21,000 workers in a year, according to a Securities and Exchange ...

Oracle sheds 21,000 roles over the past year amid wave of AI layoffs from tech giants

"The adoption and deployment of AI technologies across our operations have resulted, and may continue to result, in ...

Oracle laid off 21,000 employees over the past year, citing AI as one of the reasons

The company says its AI adoption and deployment may result in further reductions.

Now we know how much Oracle shrank its staff in the past year — and how much it cost

Oracle carried out layoffs in March. A new filing shows how much smaller the workforce is compared to this time last year.
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Oracle releases 245 new security patches, all rated ‘high-priority security’

The Oracle Critical Security Patch update (CSPU) released this week contains 245 newly-announced fixes for supported on-premises software, some of which impact multiple products. It is in reaction to ...