Oracle has cut an unspecified number of jobs as the software giant looks to reduce costs and continue growing its artificial intelligence business, according to former employees and multiple reports.
March 31 (Reuters) - Cloud computing firm Oracle (ORCL.N), opens new tab is laying off thousands of employees, CNBC reported on Tuesday, citing two people familiar with the matter. Late on Tuesday, ...
Oracle is conducting a round of layoffs, two people familiar with the move told CNBC. The layoffs were in the thousands, the people said. The software maker has continued to increase spending on data ...
Oracle (ORCL) reported cloud infrastructure revenue growth of 84% year-over-year to $4.89B in Q3 FY2026, with remaining performance obligations of $553B (up 325% YoY) providing exceptional visibility ...
PITTSBURGH, March 24, 2026 (GLOBE NEWSWIRE) -- Opkey, provider of the leading Cloud Application Lifecycle Management (CALM) platform for Oracle, Workday, Coupa, UKG, and more, today announced Opkey ...
Oracle is shifting Fusion from a system of record to a system of outcomes with 22 new agentic applications - a substantial step beyond copilots that will prompt serious questions about what's now ...
Oracle is releasing the Oracle Analytics Server 2026, designed to address everyday challenges head-on: adoption, performance, governed self-service, and operational efficiency. Oracle Analytics Server ...
In a matter of months, Oracle has given investors epic highs and painful lows. Oracle Cloud Infrastructure (OCI) has competitive advantages over rival solutions. OCI's expansion is becoming ...
Oracle faces a class action lawsuit from bondholders claiming the company misled investors. Wall Street analysts slashed price targets across the board over AI spending. Microsoft's earnings didn't ...
Feb 1 (Reuters) - Oracle (ORCL.N), opens new tab expects to raise $45 billion to $50 billion in 2026 to build additional capacity for its cloud infrastructure, the software company said on Sunday.
Oracle is executing a bold cloud and AI pivot, with 2025 revenue up 8% to $57.4B and cloud revenue surging 20–50%. ORCL’s $97B backlog and multi-year OpenAI deal signal strong demand, but the ...
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