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, ...

Software giant Oracle has named Hilary Maxson as its new chief financial officer amid thousands of layoffs that sent shockwaves through the company. Maxson, 48, formerly of Schneider Electric, assumes ...

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 ...

BENGALURU – Cloud computing firm Oracle is laying off thousands of employees, CNBC reported on March 31, citing two people familiar with the matter. Later that day, Oracle said it would lay off 491 ...

Oracle announced it is laying off nearly 500 employees based in Washington. Oracle, a global tech company that specializes in cloud computing, revealed thousands of workers are being laid off in a ...

See more of our trusted coverage when you search. Prefer Newsweek on Google to see more of our trusted coverage when you search. Thousands of Oracle workers woke Tuesday to an email from their ...

The uniform wording of the email highlighted the impersonal nature of the company’s large-scale workforce reduction. Oracle has reportedly laid off approximately 30,000 employees across the globe, ...

The uniform wording of the email highlighted the impersonal nature of the company’s large-scale workforce reduction. Amanda Goodall/X Oracle has reportedly laid off approximately 30,000 employees ...

Oracle Slashes Thousands of Jobs While Doubling Down on AI Expansion Your email has been sent Oracle has begun cutting thousands of jobs as it seeks to ease investor concerns about the scale of its AI ...

Oracle (ORCL) started laying off employees on Tuesday to drive down costs to support its artificial intelligence infrastructure buildout, according to Business Insider. Shares rose 3% in midday ...

Analysts view Oracle’s move to agentic apps as a step toward full-process automation, but caution that ‘supervised autonomy’ and ROI clarity will define adoption. Oracle is recasting its Fusion Cloud ...