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A former Oracle employee accused the tech giant of targeting workers “with outstanding stock options” in a recent round of layoffs — as the company reportedly offered its new chief financial officer a ...

Massive AI spending is driving AI infrastructure growth, but also pushing up debt. Strong margins and a $553 billion backlog support long-term upside, but execution risks are high. The shift in ...

NEW YORK & MUNICH--(BUSINESS WIRE)--Celonis, a global leader in Process Intelligence, today announced a new phase of its long-standing collaboration with Oracle to help enterprises modernize ...

Oracle is undergoing a massive capital reallocation, funding an unprecedented AI and cloud infrastructure buildout with $39.2 billion in capex and $40 billion in new debt. The recent layoff of 30,000 ...

Oracle disclosed plans to slash 654 jobs in the Bay Area after recent reports that the company had emailed termination notices to potentially thousands of employees worldwide. Related Articles San ...

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 ...

Oracle filed WARN for 491 Washington layoffs; ~20 in South Sound. Seventeen employees listed in Pierce/Thurston across several cities. Company cited reduction in force; filing noted offices were not ...

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 ...

Cloud computing firm Oracle is laying off thousands of employees, CNBC reported on Tuesday, citing two people familiar with the matter. Late on Tuesday, Oracle said it will lay off 491 employees ...

This is read by an automated voice. Please report any issues or inconsistencies here. Software giant Oracle on Tuesday started laying off workers as it looks to rein in costs and double down on ...