Oracle stock surged on Wednesday morning, boosting the value of Larry Ellison's stake by tens of billions.

The initial wave of a massive bloodbath at Oracle has begun to show up in public filings — with 700 workers expected to lose ...

Larry Ellison has seen an unmatched $49 billion wiped off his net worth in 2026, as this week's software rout deepened his wealth decline. Oracle's cofounder and tech chief was worth $199 billion at ...

A former Oracle employee accused the tech giant of targeting workers “with outstanding stock options” in a recent round of ...

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

The cuts come as the software giant invests billions of dollars in expanding its artificial intelligence infrastructure.

Billionaire Larry Ellison's Oracle sent layoff emails to employees worldwide at 6 a.m. Tuesday, with some analysts estimating 20,000 to 30,000 job cuts in one of the company's largest workforce reduct ...

Oracle’s layoffs are what happens when AI meets corporate make-work, but what happens to the people cut loose?

Co-founder and executive chair Larry Ellison owns more than 40% of Oracle stock, making him by far the largest dividend recipient. At current payout levels, that translates into billions in annual ...

Oracle previously raised $18 billion in debt and has since outlined plans to raise far more, as it funds datacenter ...

Oracle Corp. co-founder and billionaire Larry Ellison is buying the Cal Neva Resort & Casino, an iconic-but-faded Lake Tahoe gem once owned by Frank Sinatra, out of bankruptcy for $38.5 million. He ...