Oracle shares traded slightly lower on Wednesday after news that the company was laying off thousands of workers. The software giant recently said it is raising $50 billion for its data center ...

Oracle is conducting a round of layoffs, two people familiar with the move told CNBC. The layoffs were in the thousands, the people said. The software maker has continued to increase spending on data ...

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 ...

News that an estimated 30,000 employees are losing their jobs at Oracle comes at a time when the company is claiming to have $533bn in orders to fulfil. As of May 2025, Oracle had a workforce of ...

LATEST April 2, 3 p.m. More than 150 workers from Oracle’s Pleasanton campus at 5815 Owens Drive will be included in companywide layoffs, according to a WARN notice sent to the California Employment ...

It was not a phone call. It was not a meeting. For thousands of Oracle employees across the globe, Tuesday morning began with a single email landing in their inboxes just after 6 a.m. EST — and by the ...

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 ...

April 1 (Reuters) - Data center developer Related Digital is closing in on $16 billion of financing for an Oracle data center in Michigan, a source familiar with the matter said on Wednesday. * OpenAI ...

Oracle's latest results have improved investor confidence as it continues to sign more deals for its AI infrastructure. Oracle has adopted a smart strategy of funding data center expansion efforts ...

According to reports across social media and on Blind, employees were notified about the layoffs through a mass email that was issued at 6 a.m. ET today. (Oracle declined to comment on the layoffs ...

Explore the best data analytics tools for enterprises in 2026 that harness AI and advanced analytics to improve data-driven decision-making. Uncover key features, pricing, and ideal use cases to boost ...

The new developer prompt pack aims to universalize OpenAI teen safety policies. Credit: Photographed by Joseph Maldonado / Mashable Composite by Rene Ramos OpenAI has announced new open-source safety ...