Oracle's stock fell 19% this week, the steepest drop since August 2001, the depths of the dot-com bust. The company's capital ...
Oracle expands its AI database security strategy with new data protection, patching, and cyber resilience tools to help ...
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.
"The adoption and deployment of AI technologies across our operations have resulted, and may continue to result, in ...
The company says its AI adoption and deployment may result in further reductions.
Oracle carried out layoffs in March. A new filing shows how much smaller the workforce is compared to this time last year.