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 carried out layoffs in March. A new filing shows how much smaller the workforce is compared to this time last year.
The job cuts made headlines. But the bigger story is what's funding them.
The growing use of AI contributed to Oracle laying off 21,000 workers in a year, according to a Securities and Exchange ...
Oracle has decreased its workforce by tens of thousands in the past year while spending $70 billion to fund its AI expansion.
"The adoption and deployment of AI technologies across our operations have resulted, and may continue to result, in ...
Oracle's total workforce declined 13%, or about 21,000 employees, in fiscal 2026, as the cloud computing giant continued ...
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 (ORCL 1.72%) has become one of the biggest battleground stocks when it comes to artificial intelligence (AI), and investors were in a selling mood after the software-as-a-s ...
SAN FRANCISCO--(BUSINESS WIRE)--Variance, building AI investigative agents for risk and compliance, today announced a $21.5 million Series A funding round to expand its agentic AI platform for ...
Oracle is joining a growing wave of tech companies cutting jobs as they pour billions into artificial intelligence. This morning, the company began implementing sweeping layoffs across multiple ...
Oracle is considering cutting 20,000 to 30,000 jobs and selling some of its activities as US banks pull back from financing the company’s AI data-center expansion, according to investment bank TD ...