Oracle was founded all the way back in 1977 as an enterprise software company. Since then, it has transformed into a cloud services giant. These days, it is trying to become one of the most important ...

Fresh layoffs have hit Oracle's Romania's operations, with approximately 500 employees asked to leave. The move, which began on June 25, is part of the company's long-running global restructuring ...

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 ...

Oracle's stock fell 19% this week, the steepest drop since August 2001, the depths of the dot-com bust. The company's capital expenditures surged 162% in the latest fiscal year, with almost $24 ...

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Oracle reduced its workforce by about 13%, or nearly 21,000 employees, during fiscal 2026 as the company continued a major restructuring of its business, a move that comes as artificial intelligence ...

Oracle’s global workforce fell to 141,000 full-time employees as of 31 May 2026, down from 162,000 a year earlier, a net reduction of roughly 21,000 people. The company’s annual regulatory filing ...

SAN FRANCISCO-Oracle reduced its workforce by 21,000 employees in the past 12 months, a wider scale than previously known, including those whose jobs were eliminated by the use of artificial ...

New World developer Amazon Games has partnered with Embracer Group's Middle-earth Enterprises to create a brand new MMO based on The Lord of the Rings. The massively multiplayer online game, which is ...

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 ...

Tucson is set to receive $50 million in federal funding to create three new housing developments while rehabilitating the Tucson House public housing high-rise, officials announced Wednesday. The ...