Oracle’s $50-billion AI bet forces it to cut thousands of jobs

Some of the cuts will be aimed at job categories that the company expects it will need less of due to AI, two of the people ...

Oracle plans thousands of job cuts as data center costs rise, Bloomberg News reports

March 5 (Reuters) - Enterprise software company Oracle is planning thousands of job cuts as it faces a cash crunch from a ...
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Is Oracle’s massive $500 billion Stargate project in trouble?

Quick Read Oracle (ORCL) sits 56% below its 52-week high; Jefferies cut price target to $320 from $400 after shelving ...
The HR Digest

Oracle Layoffs Expected to Affect Thousands as AI Expansions Take the Lead

Reports of layoffs at Oracle suggest that thousands will be let go this month to free up resources for its AI data center ...

Here's Why Oracle Stock Got Hammered Last Month

The market continues to stress the company's exposure to OpenAI, not least as Oracle's debt continues to balloon while its cash flow goes in the other direction.
Becker's Hospital Review

Oracle loses leaders in health division: Report

Oracle loses executives health division as several senior leaders depart its health records unit following the Cerner acquisition.

Is Oracle Stock The New King Of Cloud Growth?

While Oracle has traditionally been viewed as a legacy database provider, its aggressive pivot toward Oracle Cloud ...

Jefferies analyst: Oracle down 50% but in ‘better spot’ with accelerating growth

Oracle (NYSE:ORCL) has had a brutal run since its moment in the AI spotlight. But Jefferies analyst Brent Thill isn’t running away from it. He just reiterated his Buy rating on the stock, and while he ...

Oracle Rumored to Cut 10% of Workforce for More “AI-Infra”

Bloomberg reported that Oracle is about to lay off 30,000 employees for the one thing the world needs more of right now: ...