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, ...
NDTV

Oracle Layoffs 2026: Manager Shares Emotional Post After 16-Year Career Ends

The post has received support from fellow tech professionals. A senior software leader at Oracle has spoken about the emotional toll of recent layoffs, offering a personal glimpse into the wider wave ...
KMBC Kansas City

Oracle's Kansas City campus lays off more than 500 employees

ASKED TO CALL. (816) 969-1668. AND WE’RE ALSO GETTING A CLEARER PICTURE TONIGHT OF THE LAYOFFS AT ORACLE. MISSOURI IS CONFIRMING MORE THAN 530 EMPLOYEES HAVE NOW BEEN CUT. THE IMPACT SPREADS ACROSS ...
Indiatimes

Oracle layoffs: Employees receive email from 'Oracle Leadership' at 6AM, saying: "We have made the decision to eliminate your role as…"

Oracle has begun laying off employees across its global offices, with workers in US, India, and other regions reporting termination emails landing in their inboxes as early as 6AM EST on Tuesday. The ...
The Business Journals

Oracle cuts 539 Kansas City roles, part of layoffs that could reach 30,000

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min As part of a nationwide wave of ...
Seeking Alpha

Oracle begins laying off employees to support AI buildout: report

Oracle (ORCL) started laying off employees on Tuesday to drive down costs to support its artificial intelligence infrastructure buildout, according to Business Insider. Shares rose 3% in midday ...
Austin American-Statesman

Oracle layoffs reported as company pushes deeper into AI

Oracle Corp. has begun layoffs that could affect thousands of employees to cut costs amid heavy debt-funded spending on artificial intelligence infrastructure. The Austin-based cloud computing company ...
Fast Company

Oracle layoffs: Stock price rises as sudden job cuts shock employees

Another round of layoffs has hit the tech industry, this time at SaaS giant Oracle Corporation (NYSE: ORCL). The job cuts reportedly came out of the blue for most affected employees, with many ...
CIO

Oracle bets on agentic apps in Fusion suite to ‘fully’ automate business processes

Analysts view Oracle’s move to agentic apps as a step toward full-process automation, but caution that ‘supervised autonomy’ and ROI clarity will define adoption. Oracle is recasting its Fusion Cloud ...
Morningstar

After Earnings, Is Oracle Stock a Buy, a Sell, or Fairly Valued?

Oracle delivered outstanding third-quarter results ahead of expectations, with total revenue up 22% to $17 billion and cloud revenue up 44% to $9 billion. Most importantly, cloud infrastructure ...
International Business Times

Oracle Layoffs 2026: Massive Job Cuts Could Affect 30K Workers — Is AI to Blame?

Oracle Corporation could cut between 20,000 and 30,000 jobs as the company expands its artificial intelligence infrastructure, according to a research report from investment bank TD Cowen. The ...
Seeking Alpha

Oracle plans to lay off thousands of employees due to AI data center buildout expenses: report

Oracle (ORCL) has plans to reduce its workforce by thousands of employees due in part to its immense spending on expanding data center capacity for artificial intelligence, according to Bloomberg. The ...