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 ...
The post has received support from fellow tech professionals. A senior software leader at Oracle has spoken about the emotional toll of recent layoffs, offering a personal glimpse into the wider wave ...
SEATTLE — Oracle America Inc. will lay off employees in Washington as part of a reduction-in-force, according to a WARN notice the company is laying off 491employees in June. ALSO SEE | Meta lays off ...
Oracle is shifting Fusion from a system of record to a system of outcomes with 22 new agentic applications - a substantial step beyond copilots that will prompt serious questions about what's now ...
Oracle has announced the availability of Oracle Construction and Engineering Advisor for Safety, an AI-based tool designed to help contractors predict and reduce jobsite risks. The platform uses a ...
Oracle reported its third-quarter earnings for fiscal 2026 on Tuesday. The cloud giant is forecasting $50 billion in capital expenditures for the year. To maximize profit, Oracle is focused on cutting ...
March 5 (Reuters) - Enterprise software company Oracle is ⁠planning ⁠thousands of job cuts as ⁠it faces a cash crunch from a massive AI data center expansion effort, Bloomberg News reported on ...
Oracle released a revamped toolkit to make it easier to deploy WebLogic domains to Kubernetes clusters. Version 2.0 of the hyperscaler’s WebLogic Kubernetes Toolkit UI (WKT UI) features vital ...
CLEVELAND — Calling it "a great day for the team, for the franchise, and the community," the Cleveland Guardians officially announced the signing of star third baseman José Ramírez to a new seven-year ...
Oracle was a market darling as recently as three months ago. The company's stock has tumbled 46% from those highs. The shift in fortunes offers a stark warning for companies riding the AI wave.
Oracle stock slid after a report that Blue Owl Capital won't back a $10 billion data center for OpenAI. The cloud company later said that the project remains "on schedule" but that Blue Owl was out of ...