Oracle 30,000 job cuts incoming: Nearly 18% workforce may be affected despite AI and cloud expansion
Oracle could complete nearly 30,000 job cuts by mid-June 2026 despite reporting strong growth in its cloud computing and artificial intelligence businesses, according to a report by Tech Times. The ...
Multi‑row INSERT refers to Oracle SQL features that allow you to insert multiple rows into one or more tables using a single SQL statement, instead of issuing multiple individual INSERT statements.
A former Oracle employee accused the tech giant of targeting workers “with outstanding stock options” in a recent round of layoffs — as the company reportedly offered its new chief financial officer a ...
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Employees across the US, India, Canada, and Mexico woke up on 31 March to termination emails from “Oracle Leadership” with no prior warning. TD Cowen estimates the cuts will affect 18% of Oracle’s 162 ...
It was not a phone call. It was not a meeting. For thousands of Oracle employees across the globe, Tuesday morning began with a single email landing in their inboxes just after 6 a.m. EST and by the ...
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 ...
SAN FRANCISCO, March 23 (Reuters) - (This March 23 story has been corrected to clarify that Oracle introduced agentic apps that work across its software suite, rather than individual AI agents, in the ...
Oracle is reportedly planning significant job cuts, potentially thousands, to manage a growing cash crunch fueled by its massive AI data center expansion. This restructuring, costing over $1.6 billion ...
On Jan. 14, bondholders filed a class action suit in Manhattan court on behalf of investors who bought $18 billion of debt Oracle issued in September 2025. They claim Oracle knew it would need to ...
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.
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