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Oracle has cut around 21,000 jobs globally over the past year as the company continues to realign its business around artificial intelligence (AI), according to its latest annual report. The software ...

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 ...

Oracle was co-founded by Larry Ellison in 1977. He remains its chief technology officer Oracle shed about 21,000 roles globally in the last year as the US technology giant reshapes its business around ...

(KRON) — Tech giant Oracle revealed that it has cut tens of thousands of jobs because of artificial intelligence. In its latest regulatory filing, the database and cloud infrastructure provider ...

Springfield, Mass.-based Baystate Health is expanding its partnership with Oracle Health as part of a systemwide technology modernization effort that includes deploying AI-powered tools across its ...

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 ...

June 22 (Reuters) - Oracle's (ORCL.N), opens new tab total workforce declined 13%, or about 21,000 employees, in fiscal 2026, as the cloud computing giant continued restructuring its business, partly ...

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 ...

Regulatory filings and new business models suggest hyperscalers are shifting from simply building AI capacity to managing the enormous financial risks that come with it. Hyperscalers continue to ...

Oracle's layoffs have reached Romania again. Starting June 25, the company began notifying roughly 500 employees there that their roles were on the chopping block, with affected staff describing ...