Oracle Fired 30,000 People by Email at 6 AM. The Same Quarter, It Posted Record Revenue and a $553 Billion Backlog.

Oracle disclosed plans to slash 654 jobs in the Bay Area after recent reports that the company had emailed termination ...

Oracle began laying off thousands of employees on 31 March 2026 via 6 a.m. termination emails across the US, India, Canada, ...

Oracle reinstates the CFO role by hiring Hilary Maxson from Schneider Electric as the company reportedly lays off thousands amid a massive AI buildout.

Oracle (ORCL) stock rocketed higher after the company beat Wall Street's expectations on the top and bottom lines for its Q3 earnings on Tuesday and raised its 2027 revenue guidance to $90 billion.

Enterprise software giant Oracle is reportedly planning to ax thousands of jobs due to mounting financial pressure from its aggressive push to build AI-focused data centers. The tech powerhouse may ...

Oracle stock popped as the company reported strong fiscal third-quarter earnings and reassured investors about its AI cloud computing plans. CEO Clayton Magouyrk touted Oracle's ...

Oracle called recent news reports about Abilene's Stargate data center "false and incorrect" this week. Media reports surrounding the expansion of the artificial intelligence data center indicated a ...

The $400 billion enterprise software and cloud infrastructure giant Oracle is in the hot seat with a fiscal third-quarter earnings drop amid a spotlight on its heavy borrowing and negative free cash ...

OpenAI is walking away from expanding its flagship Stargate data center with Oracle because it wants next-generation Nvidia chips at new sites instead. Oracle is the only major player funding the AI ...

Oracle is pivoting toward cloud infrastructure, and that has proved controversial on Wall Street due to the heavy spending it requires. Can the company sway the doubters with its third-quarter results ...