Oracle's stock fell 19% this week, the steepest drop since August 2001, the depths of the dot-com bust. The company's capital ...
Last quarter, Oracle Corp. ORCL posted the largest order backlog in its history and beat Wall Street on both revenue and ...
Oracle carried out layoffs in March. A new filing shows how much smaller the workforce is compared to this time last year.
"The adoption and deployment of AI technologies across our operations have resulted, and may continue to result, in ...
The scale of the cuts was revealed in a regulatory filing Monday, showing Oracle’s workforce shrank from 162,000 full-time ...
Oracle has decreased its workforce by tens of thousands in the past year while spending $70 billion to fund its AI expansion.
The company says its AI adoption and deployment may result in further reductions.
Oracle’s stock fell on Monday after the company disclosed that it cut about 21,000 jobs, or 13% of its workforce, in fiscal ...
Oracle Corporation is re-rated as a Strong Buy after a 30% price correction, with a $330 price target for 12 months. ORCL's Q4 showed 21% revenue growth and 47% cloud revenue growth, but heavy AI ...
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A Democrat-backed bill in New York that would roll back a landmark police transparency measure — the repeal of section 50-a of the state's Civil Rights Law — is being considered by both the state ...