Oracle’s 21,000 layoffs help drive its debt-fueled AI investments

The growing use of AI contributed to Oracle laying off 21,000 workers in a year, according to a Securities and Exchange ...
The Motley Fool

Oracle Stock Is Selling Off on Its Massive AI Spending Plans. Here's Who Gets Paid When Oracle Spends.

Instead, investors seem focused on the bill. Oracle's capital expenditures hit $55.7 billion in fiscal 2026 -- above the $50 billion management forecast in March -- and free cash flow came in at ...
Pew Research Center

Most people across 36 countries have negative views of Israel and little confidence in Netanyahu

Majorities in most of the three dozen countries we’ve surveyed this year express an unfavorable view of Israel and little or no confidence in Prime Minister Benjamin Netanyahu. These findings come ...
techtimes

Oracle’s 30,000 Layoffs Enter Final Phase: Sign the Release or Forfeit Severance

The largest workforce reduction in Oracle's 49-year history crossed a legal threshold today, June 1, as the first cohort of U.S. employees reached their official last working day under the federal ...
TechCrunch

Laid-off Oracle workers tried to negotiate better severance. Oracle said no.

As was widely reported, Oracle axed an estimated 20,000 to 30,000 people via email on March 31. One of the employees cut that day told TechCrunch about the experience: “I had, like, this weird feeling ...
Seeking Alpha

Oracle initiated with bullish views at Wedbush

Wedbush started coverage on Oracle (ORCL) with an Outperform rating and a $225 price target. Shares of Oracle climbed about 1% premarket on Friday. The analysts believe Oracle is on a path to become a ...
Wall Street Journal

Oracle’s Deluge of AI Debt Pushes Wall Street to the Limit

Oracle’s ORCL0.41%increase; up pointing triangle $300 billion megadeal with OpenAI is testing the limits of Wall Street’s appetite for debt tied to America’s data-center boom. Banks including JPMorgan ...
Business Insider

I was laid off from Oracle after almost 10 years. It felt cold, but it taught me an important lesson about priorities.

This as-told-to essay is based on a conversation with Pamela Price, a 65-year-old former employee at Oracle, who lives in Michigan. Business Insider has verified Price's former employment with ...
CNBC

Oracle layoffs will help cost savings, analysts say

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 ...
SFGate

Oracle reportedly blindsides staff with emailed layoffs, more than 150 from Bay Area

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 ...
Inc

Why Oracle Is Cutting 30,000 Jobs Despite a Massive $6 Billion Quarterly Income

Oracle is joining a growing wave of tech companies cutting jobs as they pour billions into artificial intelligence. This morning, the company began implementing sweeping layoffs across multiple ...
VentureBeat

Oracle converges the AI data stack to give enterprise agents a single version of truth

Enterprise data teams moving agentic AI into production are hitting a consistent failure point at the data tier. Agents built across a vector store, a relational database, a graph store and a ...