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Oracle CTO and Executive Chairman Larry Ellison. Source: The Globe and Mail Oracle cut about 21,000 jobs in fiscal 2026 as it restructures around AI and cloud infrastructure, raising questions for ...

ORCL sits 49% below its 52-week high at $175 while a $638 billion AI backlog, up 363% year over year, locks in years of forward revenue. Bears flag negative $24 billion in free cash flow and a planned ...

In March this year, Oracle confirmed that thousands of employees received emails from ‘Oracle leadership’ at 6AM informing them that their roles had been eliminated. Oracle has begun laying off ...

Oracle’s earnings had an opportunity to turn around the market’s malaise with tech stocks. Instead, it announced it would raise more money, adding to worries.

The Office of Personnel Management is using the contract to consolidate more than 100 systems into a single platform covering 2 million federal employees. The Office of Personnel Management is ...

Oracle has tied its future to the AI revolution, making a big bet on providing data center access to AI firms such as OpenAI, which could account for the bulk of Oracle's revenue in future years. It ...

Berkshire Hathaway shareholders gathered Saturday in Omaha, Nebraska for the first annual meeting without legendary founder Warren Buffett on the stage. In May 2025, Buffett announced he would step ...

ASKED TO CALL. (816) 969-1668. AND WE’RE ALSO GETTING A CLEARER PICTURE TONIGHT OF THE LAYOFFS AT ORACLE. MISSOURI IS CONFIRMING MORE THAN 530 EMPLOYEES HAVE NOW BEEN CUT. THE IMPACT SPREADS ACROSS ...

One of the tech industry's most prominent companies with Texas ties reportedly laid off thousands this week amid ongoing efforts to ramp up its artificial intelligence spending initiatives. Business ...

This is read by an automated voice. Please report any issues or inconsistencies here. See more from the L.A. Times in Google Search. Set us as preferred Software giant Oracle on Tuesday started laying ...

Employees across the US, India, Canada, and Mexico woke up on 31 March to termination emails from “Oracle Leadership” with no prior warning. TD Cowen estimates the cuts will affect 18% of Oracle’s 162 ...