Oracle is reportedly planning to cut up to 30,000 jobs as the company looks for cash to fund its costly AI data centre expansion.

Oracle defends its USD 300B OpenAI contract and addresses reports of 30,000 layoffs as it launches a 50B funding plan to ...

Oracle Layoffs: These job cuts are likely to help ease the mounting financing pressures linked to Oracle’s multiyear cloud ...

Overview Oracle shares fell nearly 1% as reports of large job cuts worried investors.Funding stress around AI data centres raised doubts over Oracle’s expansion ...

Oracle expects to raise $45 billion to $50 billion in 2026 to build additional capacity for its cloud infrastructure.

Oracle may cut 20,000-30,000 jobs and sell Cerner as US banks pull back from AI data centre financing, reports CIO citing TD Cowen research.

Oracle's (NYSE:ORCL) internal documents showed that the fast-growing cloud business has thin gross profit margins in the past year or so, lower than what many equity analysts have forecast, The ...

It has been about a month since the last earnings report for Oracle (ORCL). Shares have added about 11.9% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading ...

Oracle shares slipped after the company’s statement appeared to have the opposite effect and spooked investors who were already angsty about its exposure to OpenAI.

Oracle is executing a transformation that leverages its database core while supplying data center infrastructure. Read what ...