Layoffs have swept through the tech industry, with Oracle recently cutting around 30,000 jobs globally as part of a major restructuring exercise. As many laid-off employees shared their experiences, ...

The company’s plan to build a major AI facility in Britain with 8,000 Nvidia chips has ground to a halt. The company shocked employees with 6 a.m. termination emails on March 31, cutting up to 18% of ...

The email was cold and arrived in the early hours of April 1, 2026. By morning, thousands of Oracle employees had lost their jobs. Many only realised they had been laid off when they tried to log in.

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 ...

A 27-story residential tower planned for 305 108th Avenue NE in downtown Bellevue has cleared a key design review, but the site’s owner, Capstone Partners, is still not locking in a final game plan.

Oracle is poised to grow at a significantly faster pace than Meta Platforms in the coming years. The market could reward Oracle with a premium valuation due to its significantly faster growth rate, ...

In a bold move to realign its business strategy, Oracle Corporation is set to undergo significant restructuring, which includes a substantial reduction in its workforce. This transition, highlighted ...

What we know so far: Oracle is preparing for another wave of job cuts as part of a major restructuring plan, even as it ramps up investment in artificial intelligence and cloud infrastructure. The ...

OpenAI is walking away from expanding its flagship Stargate data center with Oracle because it wants next-generation Nvidia chips at new sites instead. Oracle is the only major player funding the AI ...

March 5 (Reuters) - Enterprise software company Oracle (ORCL.N), opens new tab is planning thousands of job cuts as it faces a cash crunch from a massive AI data center expansion effort, Bloomberg ...

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