Oracle reduced its workforce by 13% over the past 12 months and cited AI deployment in an annual filing on Monday. The company currently employs 141,000 full-time workers, down from 162,000 the ...

(CN) — A public pension fund from a Michigan suburb claims in a class action that tech giant Oracle company misled it and other investors ahead of a $25 billion public note offering linked to a $300 ...

The strain inside the AI boom’s biggest infrastructure bet has reached a courtroom. Oracle’s own investors are suing, saying the company hid how shaky its $300bn deal with OpenAI really was. A ...

Oracle (ORCL) trades at just 16x forward earnings despite 93% cloud infrastructure growth and a $638 billion contracted backlog. $55.66 billion in AI capex drove negative free cash flow, but funds ...

Back in March, it was widely reported that Oracle had sent anywhere between 10,000 and 30,000 employees an email, notifying them that it was their last day with the company. Now, we have a more ...

The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for ...

Oracle, one of the tech giants behind a massive, $15 billion artificial intelligence data center project in Port Washington, is suing Wisconsin's Public Service Commission, seeking to loosen financial ...

Oracle Corp. slashed 21,000 jobs in the past year to cut costs amid heavy debt-funded spending on artificial intelligence. The Austin-based cloud computing company’s global workforce was 141,000 ...

Oracle ended its 2026 fiscal year with about 21,000 fewer employees than it started with, a reduction of roughly 13% that ranks among the deepest in the company’s history. The figure, disclosed in the ...

"The adoption and deployment of AI technologies across our operations have resulted, and may continue to result, in reductions to our workforce," Oracle said in the filing. In short, Oracle's business ...

A group of long-time fans and season ticket holders gathered to demand a formal apology from SF Giants management, including President of Baseball Operations Buster Posey. They say the team mishandled ...