In July 2025, Oracle and OpenAI formalised what is arguably the largest cloud computing deal in history. OpenAI committed to spending $300 billion on Oracle's infrastructure over roughly five years, ...

This week Oracle announced the hiring of a new chief financial officer, Hilary Maxson. This wouldn’t be that notable were it not for the dramatic transition happening at Oracle as it adds a rapidly ...

The 6am layoff emails caught thousands of Oracle employees off guard. But the warning was hiding in plain sight. Oracle's Q3 FY2026 earnings release, filed on March 10—the same week termination ...

Oracle on Tuesday conducted a round of layoffs affecting thousands of employees, citing “current business needs,” according to multiple reports, resulting in a rise in the software maker’s stock as it ...

Oracle is conducting a round of layoffs, two people familiar with the move told CNBC. The layoffs were in the thousands, the people said. The software maker has continued to increase spending on data ...

Oracle has cut an unspecified number of jobs as the software giant looks to reduce costs and continue growing its artificial intelligence business, according to former employees and multiple reports.

Oracle on Monday appointed Hilary Maxson as chief financial officer, ⁠tapping an executive with experience in infrastructure and energy to steer its efforts to meet surging demand for artificial ...

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 on Tuesday reportedly began notifying employees that it is moving forward with a round of layoffs as the company looks to reduce costs. The number of layoffs is in the thousands, according to a ...

Just days after firing 30,000 employees globally, reportedly due to AI-driven cost-cutting, Oracle has appointed Hilary Maxson as its new Chief Financial Officer (CFO) with a massive pay day. While 12 ...

Maxson says she aims for investment discipline Oracle faces investor concerns over growing spending Oracle shares have dropped about 25% this year April 6 (Reuters) - Oracle (ORCL.N), opens new tab on ...

Did our AI summary help? Oracle is estimated to have laid off around 12,000 employees in India, with another round of job cuts likely within a month, according to impacted staff. Globally, the company ...