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Shares of Oracle and Bloom Energy popped after the companies reached a deal for more AI data center capacity. The software giant gained for a second day, as other names in the sector also briefly ...

Oracle Corp. agreed to purchase as much as 2.8 gigawatts of fuel-cell power from Bloom Energy Corp. to supply data centers for artificial intelligence work. An initial 1.2 gigawatts of capacity has ...

As thousands of Oracle employees awoke on Tuesday to an email informing them they were being laid off, the workers likely didn’t know the tech company had been busy trying to hire foreign staff.

This is read by an automated voice. Please report any issues or inconsistencies here. Software giant Oracle on Tuesday started laying off workers as it looks to rein in costs and double down on ...

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.

Major Bay Area tech company Oracle announced mass layoffs Tuesday, notifying fired employees in an email at 6 a.m.. The message from one of the world’s largest software companies, chaired by ...

Oracle began layoffs on Tuesday, affecting workers across various regions. Affected Oracle employees received layoff notifications that signaled immediate job termination. Laid-off Oracle staff were ...

Employees across the US, India, Canada, and Mexico woke up on 31 March to termination emails from “Oracle Leadership” with no prior warning. TD Cowen estimates the cuts will affect 18% of Oracle’s 162 ...

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 ...