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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 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 ...

Pacific Investment Management Co. is in discussions with Bank of America (BAC) to help provide ~$14 billion of debt financing for an Oracle Corp. (ORCL) data center in Michigan. The financing would be ...

Oracle released an array of new agentic applications for enterprises covering finance, supply chain management, human ...

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Oracle on Tuesday reportedly began notifying employees that it is moving forward with a round of layoffs as the company looks to reduce costs. The number of layoffs is in the thousands, according to a ...

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 ...

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The 6am layoff emails caught thousands of Oracle employees off guard. But the warning was hiding in plain sight. Oracle's Q3 FY2026 earnings release, filed on March 10—the same week termination ...

Amazon (AMZN.O), opens new tab is considering an investment of around $10 billion in OpenAI, though talks remain "very fluid," according to a source who requested anonymity due to the private nature ...