Jobs bloodbath at Oracle as 21,000 staff let go amid huge strategy pivot

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

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 layoffs: 21,000 jobs cut, software giant trades human talent for AI tech amid the SaaSpocalypse

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

Oracle laid off 21,000 employees over the past year, citing AI as one of the reasons

The company says its AI adoption and deployment may result in further reductions.

Now we know how much Oracle shrank its staff in the past year — and how much it cost

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

Oracle Stock Dips Despite Continued Strong Backlog Growth. Should Investors Buy the Stock on the Dip?

Oracle (ORCL 1.72%) has become one of the biggest battleground stocks when it comes to artificial intelligence (AI), and investors were in a selling mood after the software-as-a-s ...

Cybercriminals claim breach of Oracle PeopleSoft servers at 100-plus organizations

The ShinyHunters hacking gang claims to have compromised the Oracle PeopleSoft servers of more than 100 organizations, including many universities.
Time

'Everyone’s a Line On a Spreadsheet:' Inside Oracle’s Mass Layoffs and the Workers Fighting Back

Follow this author to personalize your feed and get instant alerts. WHY FOLLOW? Update your preferences in Account Settings Correspondent Oracle chairman and CTO Larry Ellison at the White House in ...