Seeking Alpha

I Cashed Out Of Oracle For +50%, Now I'm Buying Back In (Rating Upgrade)

Oracle Corporation is re-rated as a Strong Buy after a 30% price correction, with a $330 price target for 12 months. ORCL's Q4 showed 21% revenue growth and 47% cloud revenue growth, but heavy AI ...
TechCrunch

Cybercriminals claim breach of Oracle PeopleSoft servers at 100-plus organizations

The notorious cybercrime group ShinyHunters claimed to have hacked Oracle PeopleSoft servers at more than 100 organizations, many of them universities, a ShinyHunters member told TechCrunch on ...
Indiatimes

No WARN Act protections, lost RSUs and other 'shockers' that 20,000-plus laid-off Oracle employees claim they are fighting for

Oracle offered laid-off employees around four weeks of pat for the first years of service, along with one additional week per year thereafter, capped at 26 weeks. The severance package also included ...
moneycontrol.com

Oracle executives laid off after 33, 30-year stints: 'Layoffs follow an algorithm of high level...'

Oracle itself has not disclosed how individual employees or roles were selected. When Oracle laid off around 30,000 employees globally on April 1, with a 6 am email, one of those emails landed in the ...
Inc

Why Oracle Is Cutting 30,000 Jobs Despite a Massive $6 Billion Quarterly Income

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 ...
Bloomberg L.P.

Oracle Plans Thousands of Job Cuts in Face of AI Cash Crunch

Oracle Corp. is planning to ax thousands of jobs, among its moves to handle a cash crunch from a massive AI data center expansion effort. The job reductions will affect divisions across the company ...
CIO

Oracle may slash up to 30,000 jobs to fund AI data-center expansion as US banks retreat

Oracle is considering cutting 20,000 to 30,000 jobs and selling some of its activities as US banks pull back from financing the company’s AI data-center expansion, according to investment bank TD ...
T&D

Oracle SQL Developer Migration Workbench Eases Move to Oracle Database 11g

Oracle has announced the general availability of Oracle SQL Developer Release 1.2 that features new capabilities to ease the migration and consolidation of third-party databases onto Oracle Database ...
WTVF

Oracle's Nashville headquarters project moves closer to groundbreaking after years of delays

NASHVILLE, Tenn. (WTVF) — Oracle's massive Nashville campus on the East Bank is finally approaching the construction phase, four years after the tech giant first announced plans to build in Music City ...
BBC

Larry Ellison briefly becomes world's richest person

Elon Musk briefly lost his title as the world's richest person to Larry Ellison, the co-founder of Oracle and an ally of US President Donald Trump. Ellison's wealth surged to $393bn (£290bn) on ...
Indiatimes

Oracle lays off thousands globally; employees report numbers at 3000-plus

Oracle has initiated a new wave of global layoffs, impacting thousands of employees across the US, India, Philippines, Canada, and Europe. The cuts extend beyond Oracle Cloud Infrastructure to include ...