The cuts come as the software giant invests billions of dollars in expanding its artificial intelligence infrastructure.

Oracle reportedly cut thousands of jobs on March 31 to cut costs as its AI projects grow. Oracle stock rose 5% after the news ...

Oracle has not confirmed how many employees are affected. But investment bank TD Cowen estimates the cuts could total between ...

March 31 (Reuters) - Cloud computing firm Oracle is laying off thousands of employees, CNBC reported on Tuesday, citing two ...

Oracle is increasingly well positioned to benefit from AI through its infrastructure software segment and by embedding AI into its applications. Oracle’s leverage adds risk to the investment thesis.

On March 31, thousands of Oracle employees received the dreaded layoff email as the company turns its focus toward artificial ...

Oracle began laying off up to 30,000 employees globally, notifying them via a 6 a.m. email from "Oracle Leadership" with no prior warning from HR or managers.

Wall Street gave Oracle (ORCL) stock a reprieve from the dog house on Wednesday after the company reported better-than-expected third quarter results and revised its fiscal 2027 revenue higher to $90 ...

Oracle is laying off almost 500 employees in Washington.

Oracle surpassed estimates for the quarter, and lifted its guidance for fiscal 2027 revenue. During the quarter, Oracle announced plans to raise $45 billion to $50 billion in the fiscal year to expand ...

Oracle (NYSE: ORCL) just did something it hasn't done in 15 years. In the third quarter of fiscal 2026 (ended Feb. 28), adjusted revenue and earnings per share both grew at least 20% year over year, ...

Shares of Oracle (ORCL) jumped about 10% premarket on Wednesday after fiscal third-quarter results and outlook beat estimates and drew positive reactions from analysts. J.P. Morgan upgraded Oracle's ...