As thousands of Oracle employees awoke on Tuesday to an email informing them they were being laid off, the workers likely didn’t know the tech company had been busy trying to hire foreign staff.

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Oracle’s stock has been on a prolonged slide since last fall as investors have questioned the company’s ambitious artificial-intelligence business strategy. Fears that Oracle ORCL is overspending on ...

CLOUD computing firm Oracle is laying off thousands of employees, CNBC reported on Tuesday, citing two people familiar with the matter. Late on Tuesday, Oracle said it will lay off 491 employees ...

Good morning. Hilary Maxson is stepping into the CFO role at Oracle at a pivotal—and risky—moment. As the company invests heavily in AI infrastructure to keep pace with other hyperscalers, the job is ...

Oracle share price: Shares of tech giant Oracle surged more than 35 per cent on Wednesday, marking the company’s best single-day performance since 1992. The historic rally was driven by a string of ...

SAN FRANCISCO — Oracle is revamping its cloud-based software suite used by large companies to work with artificial intelligence agents as "agentic apps," with a goal of having humans ask the system ...

The latest round of layoffs at Oracle has once again brought severance payouts into focus. Reports suggest that around 30,000 jobs have been cut globally by the tech giant, with around 12,000 such ...

Oracle filed WARN for 491 Washington layoffs; ~20 in South Sound. Seventeen employees listed in Pierce/Thurston across several cities. Company cited reduction in force; filing noted offices were not ...