NDTV

Oracle Appoints Hilary Maxson As CFO With $29.7 Million Package After Firing 30,000 Employees

Just days after firing 30,000 employees globally, reportedly due to AI-driven cost-cutting, Oracle has appointed Hilary Maxson as its new Chief Financial Officer (CFO) with a massive pay day. While 12 ...
Seeking Alpha

Pimco evaluating $14B debt financing for Oracle data center - report

Pacific Investment Management Co. is in discussions with Bank of America (BAC) to help provide ~$14 billion of debt financing for an Oracle Corp. (ORCL) data center in Michigan. The financing would be ...
Indiatimes

Oracle layoffs affected US employees severance package and benefits explained after global job cuts: US labour laws and severance rules

Reuters Oracle layoffs affected US employees severance package and benefits during global workforce reduction Oracle layoffs affected US employees severance package and benefits have become a major ...
Fox Business

Oracle hires new CFO with $950K salary as thousands face layoffs

Oracle on Monday announced it hired a new chief financial officer after the software giant moved forward with layoffs last week. The company announced that Hilary Maxson will serve as the new CFO, ...
Forbes

Oracle Lays Off 30,000 As AI Spending Surges

This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. Oracle Fired 30,000 People by Email. The Same Quarter, It Posted Record Revenue and a $553 ...
Wall Street Journal

Oracle Names Hilary Maxson Chief Financial Officer

Oracle hired Hilary Maxson as the software giant’s new chief financial officer, effective immediately. Oracle on Monday said Maxson, 48 years old, joins from Schneider Electric, where she served as ...
The Financial Express

Oracle discloses layoff details: Tech, management roles see major cuts

Tech company Oracle has announced a major round of lay-offs this week, with up to 30,000 employees losing their jobs, PTI reported. New details from official documents now show exactly which roles and ...
The Independent

Oracle reveals who it laid off at company - and it’s the latest AI alarm for white-collar workers

Oracle reveals who it laid off at company - and it’s the latest AI alarm for white-collar workers Oracle sent lay-off notices via email at 6 a.m. local time Tuesday to employees in Canada, India, ...
New York Post

Outrage as Oracle files thousands of foreign-worker requests amid layoff bloodbath

As thousands of Oracle employees awoke on Tuesday to an email informing them they were being laid off, the workers likely didn’t know the tech company had been busy trying to hire foreign staff.
The Jerusalem Post Blogs

IRGC claims to have attacked Dubai Oracle data center, US fighter jets at Jordan's Al Azraq base

Additional attacks on Thursday included attacks on a US diplomatic facility near Baghdad Airport and an Amazon cloud computing center in Bahrain. Iran's Islamic Revolutionary Guard Corps (IRGC) ...
Gizmodo

Iran Says It Hit Oracle Facilities in the UAE

Iran’s Islamic Revolutionary Guard Corps (IRGC) claims it has targeted an Oracle data center in Dubai, United Arab Emirates, according to Iranian state media. The alleged strike comes only two days ...