Oracle announces 21,000 job cuts as part of restructuring efforts to streamline operations and focus on core business areas.

Oracle's workforce went down by almost 13% in the past year as the organisation underwent a restructuring plan that cited AI ...

Oracle shed 13% of its workforce while spending $55.7 billion on data centres. Its SEC filing explicitly cites AI adoption as the cause of job losses.

Oracle ( ORCL) reduced its workforce by about 21,000 employees over the past year as part of a restructuring effort aimed at ...

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Employees across the US, India, Canada, and Mexico woke up on 31 March to termination emails from “Oracle Leadership” with no prior warning. TD Cowen estimates the cuts will affect 18% of Oracle’s 162 ...

Oracle Corp. today announced the general availability of Oracle AI Database 26ai and Oracle Autonomous AI Lakehouse, both aimed at supporting artificial intelligence training and inference across ...