Loading the Elevenlabs Text to Speech AudioNative Player... In a memo this morning, Mitzi Angel, president and publisher of Farrar, Straus and Giroux, informed the staff that the publisher is closing ...

Just days after firing 30,000 employees globally, reportedly due to AI-driven cost-cutting, Oracle has appointed Hilary Maxson as its new Chief Financial Officer (CFO) with a massive pay day. While 12 ...

Oracle on Monday announced it hired a new chief financial officer after the software giant moved forward with layoffs last week. The company announced that Hilary Maxson will serve as the new CFO, ...

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 ...

Oracle has begun its largest-ever round of layoffs, with estimates suggesting up to 30,000 jobs could be cut globally—and the severance comes with strings attached. Affected employees will only ...

Oracle laid off thousands of people on Tuesday in a move that was widely anticipated as more and more tech companies claim they’ll need fewer workers thanks to the AI boom. The total number of people ...

Related Digital is finalizing $16 billion of financing for a giant Oracle Corp. data center, after months of stop-and-start negotiations with investors. The developer has been rounding up cash to ...

Oracle has initiated a massive global layoff affecting employees worldwide as it pivots resources toward AI infrastructure. The cuts have reached the highest levels of leadership, including a senior ...

US-based IT firm Oracle has reportedly laid off around 12,000 employees in India, a PTI report said citing employees impacted by the same. They also said that another round of job cuts could take ...

What just happened? Oracle is trimming tens of thousands of jobs across its global operations as part of a broader realignment toward AI infrastructure. Employees in the US and India reported ...

A Reddit user claimed their father, an Oracle employee with cancer, was laid off via email. Oracle's layoffs are part of a strategy to cut costs and invest in AI and cloud infrastructure. Reports ...

Did our AI summary help? Oracle is estimated to have laid off around 12,000 employees in India, with another round of job cuts likely within a month, according to impacted staff. Globally, the company ...