Oracle's Headcount Fell by 21,000 as AI Reshapes Its Business. Here's What It Means for the Stock.

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

Oracle’s 21,000 layoffs help drive its debt-fueled AI investments

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

Oracle workforce shrinks by about 21,000 employees amid AI adoption

Oracle's total workforce declined 13%, or about 21,000 employees, in fiscal 2026, as the cloud computing giant continued ...
TechCrunch

Laid-off Oracle workers tried to negotiate better severance. Oracle said no.

As was widely reported, Oracle axed an estimated 20,000 to 30,000 people via email on March 31. One of the employees cut that day told TechCrunch about the experience: “I had, like, this weird feeling ...
Seeking Alpha

Oracle initiated with bullish views at Wedbush

Wedbush started coverage on Oracle (ORCL) with an Outperform rating and a $225 price target. Shares of Oracle climbed about 1% premarket on Friday. The analysts believe Oracle is on a path to become a ...
Wall Street Journal

Oracle’s Deluge of AI Debt Pushes Wall Street to the Limit

Oracle’s ORCL0.41%increase; up pointing triangle $300 billion megadeal with OpenAI is testing the limits of Wall Street’s appetite for debt tied to America’s data-center boom. Banks including JPMorgan ...
Reuters

Oracle hires Schneider Electric's Maxson as CFO amid AI spending boom

Maxson says she aims for investment discipline Oracle faces investor concerns over growing spending Oracle shares have dropped about 25% this year April 6 (Reuters) - Oracle (ORCL.N), opens new tab on ...
Business Insider

Debris from an intercepted missile struck Oracle's Dubai office days after Iran threatened US companies in the region

Falling debris from an intercepted missile has damaged the Dubai office of American tech giant Oracle, city officials said on Saturday. "Authorities confirm that they responded to a minor incident ...
TheWrap

‘The View’ Closes Out Q1 With Strongest Viewership in 5 Years | Exclusive

“The View” closed out its first quarter with the strongest overall performance the daytime talk show has seen in five years, TheWrap can reveal exclusively. For the first quarter, “The View” averaged ...
SFGate

Oracle reportedly blindsides staff with emailed layoffs, more than 150 from Bay Area

LATEST April 2, 3 p.m. More than 150 workers from Oracle’s Pleasanton campus at 5815 Owens Drive will be included in companywide layoffs, according to a WARN notice sent to the California Employment ...
Inc

Why Oracle Is Cutting 30,000 Jobs Despite a Massive $6 Billion Quarterly Income

Oracle is joining a growing wave of tech companies cutting jobs as they pour billions into artificial intelligence. This morning, the company began implementing sweeping layoffs across multiple ...
VentureBeat

Oracle converges the AI data stack to give enterprise agents a single version of truth

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 ...