This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. Oracle Fired 30,000 People by Email. The Same Quarter, It Posted Record Revenue and a $553 ...

The uniform wording of the email highlighted the impersonal nature of the company’s large-scale workforce reduction. Amanda Goodall/X Oracle has reportedly laid off approximately 30,000 employees ...

Oracle has cut an unspecified number of jobs as the software giant looks to reduce costs and continue growing its artificial intelligence business, according to former employees and multiple reports.

Oracle laid off some employees on Tuesday, according to two employees and LinkedIn posts. The cuts come as Oracle is trying to cut costs. The company's stock has dropped nearly 30% this year as AI ...

Azure SQL Managed Instance gains SQL Server 2025 update policy control. GA policy balances new engine features with operational stability governance. Enhanced update management supports enterprise ...

DOWNTOWN LOS ANGELES (KABC) -- A Riverside County real estate developer is set to buy the so-called graffiti towers in downtown Los Angeles. The KPC Development Group, led by Kali P. Chaudhuri, and ...

Jeremy Morton caused a stir when he picked up two pieces of prime retail space in Sag Harbor about a year ago. Atlanta-based U.S. Strategic Capital, a short-term lender to small businesses, filed a ...

The spike in Oracle's credit default swap (CDS) pricing (the price to protect against a bond default) shocked the market in November, and unfortunately, it has stayed at elevated levels ever since.

Oracle revealed plans to raise up to $50 billion in debt and equity to finance its massive data center commitments The company's 5-year credit default swaps fell 17% as the likelihood of a credit ...

Oracle's (ORCL) announcement regarding its equity and debt financing plans for 2026 is a “clearing event” for shares of the IT giant, investment firm BNP Paribas said. “We view Oracle’s financing ...

Oracle (ORCL) raised fiscal 2026 capex guidance to $50B from $35B. Oracle’s stock has nearly halved despite aggressive AI infrastructure buildout. Oracle’s total debt and lease obligations reached ...