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 ...

In July 2025, Oracle and OpenAI formalised what is arguably the largest cloud computing deal in history. OpenAI committed to spending $300 billion on Oracle's infrastructure over roughly five years, ...

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 ...

In India, an estimated 12,000 employees are said to have been affected. Thousands of employees at Oracle Corporation woke up to an unexpected and unsettling message early Tuesday morning -an email ...

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 ...

FINANCIAL MARKETS. HE SAYS THOSE WOULD BE TEMPORARY. WELL, HUNDREDS OF JOBS ARE AT RISK HERE IN KANSAS CITY. ORACLE SAYS IT IS CUTTING MORE THAN 500 POSITIONS. KMBC9 BRIAN JOHNSON IS GETTING ANSWERS ...

Around 12,000 employees in India are reportedly part of the 30,000 laid off by Oracle, a US-based tech giant, with another round of job cuts expected within a month. An exterior view of the Oracle ...

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 ...

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 ...

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 ...

Major Bay Area tech company Oracle announced mass layoffs Tuesday, notifying fired employees in an email at 6 a.m.. The message from one of the world’s largest software companies, chaired by ...