Oracle reinstates the CFO role by hiring Hilary Maxson from Schneider Electric as the company reportedly lays off thousands amid a massive AI buildout.

Oracle laid off 30,000 works by email at 6 AM. The same quarter, it posted record revenue and a $553 billion backlog.

Oracle on Tuesday reportedly began notifying employees that it is moving forward with a round of layoffs as the company looks ...

Oracle's AI investments are pressuring the stock today but can prove to be a major growth engine in the long run.

Oracle reportedly cut thousands of jobs on March 31 to cut costs as its AI projects grow. Oracle stock rose 5% after the news ...

Severance includes 4 weeks base salary plus 1 week per year of employment.

Oracle on Monday appointed Hilary Maxson as chief financial officer, ⁠tapping an executive with experience in infrastructure ...

Oracle began layoffs on Tuesday as it seeks to cut costs. Read the email it sent to affected employees.

It’s unclear exactly how many employees lost their jobs, with reports ranging from 10,000 to 30,000. The latter would ...

Oracle has ratcheted up its capital expenditures as it builds data center infrastructure that can handle AI workloads.

Weeks after predictions about coming layoffs at HR tech giant Oracle, the company laid off thousands this week in an early ...

Oracle is reportedly moving forward with layoffs as the software giant looks to restructure its workforce amid an investment ...