Oracle on Monday announced it hired a new chief financial officer after the software giant moved forward with layoffs last week. The company announced that Hilary Maxson will serve as the new CFO, ...

Maxson says she aims for investment discipline Oracle faces investor concerns over growing spending Oracle shares have dropped about 25% this year April 6 (Reuters) - Oracle (ORCL.N), opens new tab on ...

The tech giant Oracle is expected to lay off thousands of employees as the company, formerly headquartered in Silicon Valley, attempts to address its plummeting stock price tied to artificial ...

Oracle has cut an unspecified number of jobs as the software giant looks to reduce costs and continue growing its artificial intelligence business, according to former employees and multiple reports.

Major Bay Area tech company Oracle announced mass layoffs Tuesday, notifying fired employees in an email at 6 a.m.. The message from one of the world’s largest software companies, chaired by ...

Oracle laid off 491 Seattle workers Tuesday, part of broader cuts at the company amid increased artificial intelligence spending and a falling stock price this year. Business Insider first reported ...

Oracle Corp. has begun layoffs that could affect thousands of employees to cut costs amid heavy debt-funded spending on artificial intelligence infrastructure. The Austin-based cloud computing company ...

Oracle laid off some employees on Tuesday, according to two employees and LinkedIn posts. The cuts come as Oracle is trying to cut costs. The company's stock has dropped nearly 30% this year as AI ...

Oracle Corporation delivered its strongest quarter in 15 years, with Q3 revenue up 22% YoY to $17.2 billion and cloud revenue comprising 52% of total sales. ORCL's multicloud database ...

Oracle's massive capital expenditures have taken a sledgehammer to its free cash flow. Upfront customer payments and efficiency improvements should slow the rate of cash burn. But it comes at a steep ...

Demand for cloud infrastructure is driving the highest growth in Oracle's revenue and adjusted earnings in 15 years. Oracle says new AI customers are adding additional services, creating a "halo ...