Oracle cut about 21,000 jobs in fiscal 2026 as it restructures around AI and cloud infrastructure, raising questions for enterprise buyers.
The growing use of AI contributed to Oracle laying off 21,000 workers in a year, according to a Securities and Exchange Commission filing on Monday.
Over 900 Oracle E-Business Suite (EBS) instances have been found exposed online amid ongoing attacks exploiting a critical ...
In this photo illustration, a smartphone displays the logo of Oracle Corporation (NYSE: ORCL), an American technology company ...
Oracle's stock fell 19% this week, the steepest drop since August 2001, the depths of the dot-com bust. The company's capital ...
June 22 (Reuters) - Oracle's total workforce declined 13%, or about 21,000 employees, in fiscal 2026, as the cloud computing giant continued restructuring its business, partly driven by the adoption ...
"The adoption and deployment of AI technologies across our operations have resulted, and may continue to result, in ...
Other takeaways from the filing, the company's guidance and a prospectus on its capital needs suggest that Oracle's capex ...
SAN FRANCISCO — The monsoon of memories flowed through Tyler Rogers’ mind. Rogers appeared in 196 regular-season games at ...
Oracle's $130 billion debt and negative free cash flow triggered a 19% five-session drop that directly accelerated IGV's ...
Oracle has decreased its workforce by tens of thousands in the past year while spending $70 billion to fund its AI expansion. Oracle is spending big on artificial intelligence—to the tune of $70 ...
Hyperscaler capex has ballooned to nearly $700 billion, up from roughly $400 billion just three months earlier, according to Applied Digital CEO Wes Cummins. Oracle’s transformation into an AI cloud ...