Oracle shed 13% of its workforce while spending $55.7 billion on data centres. Its SEC filing explicitly cites AI adoption as the cause of job losses.

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

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

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

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

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 ...

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 ...

SQL Server supports quicker deployment across enterprise tools through integration services and hybrid system support. Oracle Database is structured to manage large-scale workloads using features that ...

Oracle is considering cutting 20,000 to 30,000 jobs and selling some of its activities as US banks pull back from financing the company’s AI data-center expansion, according to investment bank TD ...

NASHVILLE, Tenn. (WTVF) — Oracle's massive Nashville campus on the East Bank is finally approaching the construction phase, four years after the tech giant first announced plans to build in Music City ...