Oracle's (ORCL 4.70%) market cap almost reached $1 trillion in September of last year, but now, it has fallen to below $500 ...

Oracle carried out layoffs in March. A new filing shows how much smaller the workforce is compared to this time last year.

"The adoption and deployment of AI technologies across our operations have resulted, and may continue to result, in ...

Other takeaways from the filing, the company's guidance and a prospectus on its capital needs suggest that Oracle's capex guidance for fiscal 2027 will be between $90B and $95B, with roughly $70B ...

A federal judge ruled June 22 that a data breach lawsuit against Oracle Health and eight health systems can move forward, denying most of the defendants’ attempts to dismiss the consolidated case. U.S ...

Oracle cut about 21,000 jobs in fiscal 2026 as it restructures around AI and cloud infrastructure, raising questions for ...

Oracle shed 13% of its workforce while spending $55.7 billion on data centres. Its SEC filing explicitly cites AI adoption as the cause of job losses.

The scale of the cuts was revealed in a regulatory filing Monday, showing Oracle’s workforce shrank from 162,000 full-time ...

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

Oracle has decreased its workforce by tens of thousands in the past year while spending $70 billion to fund its AI expansion.

Oracle cut 21,000 employees in fiscal 2026, reducing its workforce 13% to 141,000, with $1.8B in restructuring costs and AI cited as a direct driver.

"The adoption and deployment of AI technologies across our operations have resulted, and may continue to result, in ...