The additional spend covers redundancy packages and other exit costs as increasingly powerful AI models allow the company to ...

Oracle bought 15% of TikTok's U.S. operations in January after China's ByteDance was forced by U.S. law to divest.

Discover how Oracle's earnings report could influence its full-year 2026 guidance and long-term growth strategy. Read more ...

Oracle surpassed estimates for the quarter, and lifted its guidance for fiscal 2027 revenue. During the quarter, Oracle ...

Oracle posted earnings that topped Wall Street estimates and lifted its outlook, as strong AI demand drove its sales and ...

The Larry Ellison–led software giant is remaking its cloud infrastructure to rival Amazon and Microsoft.

Some of the cuts will be aimed at job categories that the company expects it will need less of due to AI, two of the people ...

Enterprise software company Oracle is planning thousands of job cuts as it faces a cash crunch from a massive ​AI data center ...

Oracle is actively promoting its AI data center progress and job creation efforts amidst significant investor concerns. The company's massive $300 billion OpenAI cloud contract, signed in September ...

Oracle faces massive job cuts, potentially 20,000-30,000, to fund its costly $300 billion OpenAI partnership. The tech giant has already spent $58 billion on data centers and is struggling with rising ...

Tech major Oracle is reportedly planning to cut as many as 20,000 to 30,000 jobs globally, as the company looks to redirect resources towards building Artificial Intelligence data centres, a report by ...

Oracle Layoffs: Tech major Oracle is planning to slash up to 30,000 jobs to fund AI data centres, a new report has said. According to a report by CIO citing research published this week by investment ...