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 ...

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 ...

Emergency out-of-band fixes issued by enterprise IT giants Microsoft and Oracle have shone a spotlight on issues around both update cycles and patching, and identity security and zero-trust. Microsoft ...

Oracle surpassed estimates for the quarter, and lifted its guidance for fiscal 2027 revenue. During the quarter, Oracle announced plans to raise $45 billion to $50 billion in the fiscal year to expand ...

Oracle Corporation (NYSE:ORCL) is one of the stocks on Jim Cramer’s game plan. Cramer said that it is the “most important company reporting” in the week, as he commented: After the close, wow, big one ...

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March 5 (Reuters) - Enterprise software company Oracle (ORCL.N), opens new tab is planning thousands of job cuts as it faces a cash crunch from a massive AI data center expansion effort, Bloomberg ...

Oracle is considering cutting 20,000 to 30,000 jobs and selling some of its activities as US banks pull back from financing the company’s AI data-center expansion, according to investment bank TD ...

Simply sign up to the Technology sector myFT Digest -- delivered directly to your inbox. It’s too soon to be talking about the Curse of OpenAI, but we’re going to anyway. Since September 10, when ...

NASHVILLE, Tenn. (WTVF) — Oracle's massive Nashville campus on the East Bank is finally approaching the construction phase, four years after the tech giant first announced plans to build in Music City ...

Scotiabank downgraded both Check Point Software Technologies (NASDAQ:CHKP) and Elastic (NYSE:ESTC) to Sector Perform from Sector Outperform in a comprehensive software sector analysis. "When we ...

The cuts will likely hit new apps and functionality the hardest, but analysts are divided on how legacy applications will fare. Oracle’s announced $1.6 billion restructuring plan is barely underway, ...