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Oracle 30,000 job cuts incoming: Nearly 18% workforce may be affected despite AI and cloud expansion
Oracle could complete nearly 30,000 job cuts by mid-June 2026 despite reporting strong growth in its cloud computing and artificial intelligence businesses, according to a report by Tech Times. The ...
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A year ago, this key metric barely came up. Oracle's RPO stood at $138 billion when it closed fiscal 2025 last June. But then it exploded -- to $455 billion in the fiscal first quarter, $523 billion ...
Oracle warned its corporate customers that there is a critical-rated vulnerability in its PeopleSoft software, which is used by large companies to manage payroll and human resources, a day after a ...
Oracle Corp. is set to report Q4 and full-year fiscal 2026 earnings on Wednesday, June 10, with analysts expecting another strong quarter of cloud-led growth. Analysts expect Q4 revenues of $19.1 ...
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 ...
This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. The logo of the American company Oracle appears on a smartphone screen in front of a ...
REDWOOD SHORES, CALIFORNIA - JUNE 13: A sign is posted in front of Oracle headquarters on June 13, 2022 in Redwood Shores, California. Oracle reported fourth-quarter earnings with revenue of $11.8 ...
Oracle ORCL-0.32%decrease; down pointing triangle shares plunged as the cloud-computing and software giant reported higher spending associated with its massive infrastructure expansion, despite rising ...
Crusoe in talks to raise $3 billion funding, Bloomberg News reports AI data center startup Crusoe is in talks to raise about $3 billion in a funding round that may triple its valuation, Bloomberg ...
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