Other takeaways from the filing, the company's guidance and a prospectus on its capital needs suggest that Oracle's capex ...
The scale of the cuts was revealed in a regulatory filing Monday, showing Oracle’s workforce shrank from 162,000 full-time ...
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The growing use of AI contributed to Oracle laying off 21,000 workers in a year, according to a Securities and Exchange ...
Oracle has decreased its workforce by tens of thousands in the past year while spending $70 billion to fund its AI expansion.
"The adoption and deployment of AI technologies across our operations have resulted, and may continue to result, in ...
The company says its AI adoption and deployment may result in further reductions.
Oracle’s stock fell on Monday after the company disclosed that it cut about 21,000 jobs, or 13% of its workforce, in fiscal ...
Oracle (NYSE:ORCL | ORCL Price Prediction) just reported its biggest quarter ever. Q4 FY2026 revenue hit $19.18B, cloud ...
This concludes TheStreet’s coverage of Oracle’s Q4 2026 earnings. While the hyperscaler bested analyst expectations to cap off its fiscal year 2026, the company also spent more than expected on its ...
The notorious cybercrime group ShinyHunters claimed to have hacked Oracle PeopleSoft servers at more than 100 organizations, many of them universities, a ShinyHunters member told TechCrunch on ...
Oracle PeopleSoft servers are being targeted in ongoing data theft attacks by the ShinyHunters extortion gang, which claims to have stolen data from over 100 organizations. PeopleSoft is an enterprise ...