Oracle Cuts 21,000 Jobs as It Rebuilds Around AI

Oracle cut about 21,000 jobs in fiscal 2026 as it restructures around AI and cloud infrastructure, raising questions for ...

Oracle’s 21,000 layoffs help drive its debt-fueled AI investments

The growing use of AI contributed to Oracle laying off 21,000 workers in a year, according to a Securities and Exchange ...
Bleeping Computer

Oracle PeopleSoft servers hacked in ShinyHunters data theft attacks

Oracle PeopleSoft servers are being targeted in ongoing data theft attacks by the ShinyHunters extortion gang, which claims to have stolen data from over 100 organizations. PeopleSoft is an enterprise ...
Yahoo Finance

Oracle Reshapes AI Data Centers With Clean Power And Arm Shift

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Oracle sheds 21,000 roles over the past year amid wave of AI layoffs from tech giants

"The adoption and deployment of AI technologies across our operations have resulted, and may continue to result, in ...

GitLab vs. Oracle: Which Technology Stock Is a Better Buy in 2026?

GitLab's rapid revenue growth and Oracle's robust margins highlight two distinct approaches to digital transformation and ...
CNBC

Oracle beats on earnings, but stock drops on plans to raise another $20 billion

Oracle kept its fiscal year revenue guidance intact while raising its profit forecast. The company beat on earnings and revenue for the fiscal fourth quarter. Oracle said it plans to raise an ...
Investopedia

Here's How Much Traders Expect Oracle Stock to Move After Earnings

Aaron McDade is a breaking news reporter for Investopedia. He is an experienced journalist who has covered everything from the latest in business and tech news to sports and international news like ...
Reuters

Oracle's AI spending blows past estimates, raising worries over growing debt

Oracle plans to raise nearly $40 billion in debt and equity in 2027 Capital spending for 2026 reached $55.66 billion, surpassing Oracle's $50 billion target Analysts highlight investor concerns over ...
Mint

Oracle layoffs: 30,000 job cuts likely by June 15 despite booming cloud, AI growth and strong earnings

AI Quick Read Oracle Corp has moved into the final phase of what is expected to be its largest workforce reduction, with thousands of employees reaching official separation dates between June 1 and ...
MarketWatch

Oracle’s stock slides after earnings, as the steep price of AI spooks investors

A record earnings beat wasn’t enough for Oracle to satisfy investors, who are looking for more definitive proof of a successful artificial-intelligence business transformation. Shares of Oracle ORCL ...
Reuters

Oracle awarded US contract to provide government-wide HR software

WASHINGTON, June 10 (Reuters) - President Donald Trump's administration has awarded Oracle (ORCL.N), opens new tab a contract to provide a U.S. government-wide HR platform, according to a statement, ...