Last quarter, Oracle Corp. ORCL posted the largest order backlog in its history and beat Wall Street on both revenue and ...
"The adoption and deployment of AI technologies across our operations have resulted, and may continue to result, in ...
A federal judge ruled June 22 that a data breach lawsuit against Oracle Health and eight health systems can move forward, denying most of the defendants’ attempts to dismiss the consolidated case. U.S ...
The scale of the cuts was revealed in a regulatory filing Monday, showing Oracle’s workforce shrank from 162,000 full-time ...
Oracle has decreased its workforce by tens of thousands in the past year while spending $70 billion to fund its AI expansion.
Oracle cut 21,000 employees in fiscal 2026, reducing its workforce 13% to 141,000, with $1.8B in restructuring costs and AI cited as a direct driver.
The company says its AI adoption and deployment may result in further reductions.
Oracle carried out layoffs in March. A new filing shows how much smaller the workforce is compared to this time last year.
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 ...
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 ...
A Democrat-backed bill in New York that would roll back a landmark police transparency measure — the repeal of section 50-a of the state's Civil Rights Law — is being considered by both the state ...
WASHINGTON — President Trump and EPA Administrator Lee Zeldin announced the rollback of two Biden administration refrigerant rules designed to fight global warming, which the administration says will ...
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