Just days after firing 30,000 employees globally, reportedly due to AI-driven cost-cutting, Oracle has appointed Hilary Maxson as its new Chief Financial Officer (CFO) with a massive pay day. While 12 ...

Oracle hired Hilary Maxson as the software giant’s new chief financial officer, effective immediately. Oracle on Monday said Maxson, 48 years old, joins from Schneider Electric, where she served as ...

Iran’s Islamic Revolutionary Guard Corps (IRGC) claims it has targeted an Oracle data center in Dubai, United Arab Emirates, according to Iranian state media. The alleged strike comes only two days ...

In India, an estimated 12,000 employees are said to have been affected. Thousands of employees at Oracle Corporation woke up to an unexpected and unsettling message early Tuesday morning -an email ...

Oracle has begun its largest-ever round of layoffs, with estimates suggesting up to 30,000 jobs could be cut globally—and the severance comes with strings attached. Affected employees will only ...

Company chaired by Trump ally Larry Ellison seeks to reassure investors that bet on AI infrastructure will pay off Oracle is cutting thousands of jobs as the US technology company seeks to reassure ...

An unknown number of Oracle Corp. employees woke up on the morning of March 31 to find an email from their employer informing them that it would be their last day on the job. "We are sharing some ...

What just happened? Oracle is trimming tens of thousands of jobs across its global operations as part of a broader realignment toward AI infrastructure. Employees in the US and India reported ...

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 Corp. has begun layoffs that could affect thousands of employees to cut costs amid heavy debt-funded spending on artificial intelligence infrastructure. The Austin-based cloud computing company ...

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 ...