Massey, who was 30 weeks pregnant and spent four years with the company, was laid off via an e-mail sent to her inbox.

I’m not writing this out of anger,' the laid off Oracle employee's husband shared. 'I’m writing this because people need to ...

Oracle has increased funding for its restructuring plans for the current financial year by $500 million, with some observers anticipating a spate of job losses. In a call with investors earlier this ...

Oracle ORCL1.71%increase; green up pointing triangle will spend $500 million more on restructuring costs in the current fiscal year than previously reported as artificial-intelligence models allow the ...

Oracle is preparing more job cuts as it increases reliance on artificial intelligence and funds expensive AI data centres, the Financial Times reported. The company has raised restructuring funds to ...

Oracle has surprised the Wall Street on March 10 by reporting its best fiscal quarter in 15 years. Revenue for the third quarter of fiscal; 2026 has increased 22% to $17.2 billion, while the cloud ...

Tyler Radke, co-head of U.S. software research at Citi, joins 'Squawk on the Street' to discuss Oracle's latest earnings report, the slump in software stocks, and more. Got a confidential news tip? We ...

Oracle's third-quarter cloud infrastructure revenue surged 84% year over year, accelerating significantly. The software giant's remaining performance obligations climbed to a staggering $553 billion.

Oracle surpassed estimates for the quarter, and lifted its guidance for fiscal 2027 revenue. During the quarter, Oracle announced plans to raise $45 billion to $50 billion in the fiscal year to expand ...

Oracle is betting heavily on AI data centers. The company's business has become alarmingly overexposed to one major client: OpenAI. The generative artificial intelligence (AI) trend has minted plenty ...

Oracle Corp. and OpenAI have scrapped plans to expand a flagship artificial intelligence data center in Texas after negotiations dragged over financing and OpenAI’s changing needs. The collapsed talks ...

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 Thursday. Long a smaller ...