Oracle CTO and Executive Chairman Larry Ellison. Source: The Globe and Mail Oracle cut about 21,000 jobs in fiscal 2026 as it restructures around AI and cloud infrastructure, raising questions for ...

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Oracle reduced its workforce by 21,000 employees in fiscal 2026, according to the company’s annual 10-K filing. The software giant cut its global staff by 13% to 141,000 full-time workers as of May 31 ...

A hot potato: As tech executives' narrative around AI-related job losses becomes one of "things aren't that bad" and even "what job losses?" Oracle has reduced its workforce by 21,000 people this ...

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Oracle Corporation reported increased revenue of 21% year-over-year (YOY) for its fiscal fourth quarter, but it wasn’t enough to please stockholders. The company’s shares (NYSE: ORCL) dropped over 10% ...

The Office of Personnel Management is using the contract to consolidate more than 100 systems into a single platform covering 2 million federal employees. The Office of Personnel Management is ...

Oracle has tied its future to the AI revolution, making a big bet on providing data center access to AI firms such as OpenAI, which could account for the bulk of Oracle's revenue in future years. It ...

The largest workforce reduction in Oracle's 49-year history crossed a legal threshold today, June 1, as the first cohort of U.S. employees reached their official last working day under the federal ...

In short: Oracle closed a $16.3 billion financing for a single data centre campus in Saline Township, Michigan, the largest single-facility technology debt package ever assembled. PIMCO anchored ...

Oracle’s ORCL4.67%increase; up pointing triangle $300 billion megadeal with OpenAI is testing the limits of Wall Street’s appetite for debt tied to America’s data-center boom. Banks including JPMorgan ...

Despite the one-week surge, Oracle shares are down 12.34% year-to-date and sit well off their 52-week high of $343.01. The stock hit a 52-week low of $120.04 earlier in the year before recovering. Q3 ...