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.

Employees across the US, India, Canada, and Mexico woke up on 31 March to termination emails from “Oracle Leadership” with no prior warning. TD Cowen estimates the cuts will affect 18% of Oracle’s 162 ...

Oracle is joining a growing wave of tech companies cutting jobs as they pour billions into artificial intelligence. This morning, the company began implementing sweeping layoffs across multiple ...

Another round of layoffs has hit the tech industry, this time at SaaS giant Oracle Corporation (NYSE: ORCL). The job cuts reportedly came out of the blue for most affected employees, with many ...

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's stock has plunged since hitting an all-time high in September as the company has become a poster child for growing investor concerns that an AI bubble has formed. The company is enmeshed in ...

Oracle Corp. today announced the general availability of Oracle AI Database 26ai and Oracle Autonomous AI Lakehouse, both aimed at supporting artificial intelligence training and inference across ...

OpenAI signed a contract with Oracle ORCL-2.76%decrease; red down pointing triangle to purchase $300 billion in computing power over roughly five years, people familiar with the matter said, a massive ...

Oracle has added a new AI Agent Studio to its Fusion Cloud business applications, at no additional cost, to attract and retain its enterprise customers as rival software vendors ramp up their ...

Oracle Corp. today is expanding the scope of role-based generative artificial intelligence features in its Fusion Cloud Supply Chain and Manufacturing platform, aiming at automating routine tasks for ...

A payout from a tech giant may be in your future, if you are game enough to file a claim by next month. Oracle America agreed to settle a class-action lawsuit in May for $115 million over allegations ...