Maxson says she aims for investment discipline Oracle faces investor concerns over growing spending Oracle shares have dropped about 25% this year April 6 (Reuters) - Oracle (ORCL.N), opens new tab on ...

Oracle fired up to 30,000 employees globally on 31 March, including an estimated 12,000 in India, in what analysts believe is the largest workforce reduction in the company's nearly 50-year history.

Oracle has cut around 10,000 jobs in India, sources told ET. This is part of a global restructuring affecting 30,000 employees. The company is reducing roles in its tech divisions. Oracle Financial ...

What just happened? Oracle is trimming tens of thousands of jobs across its global operations as part of a broader realignment toward AI infrastructure. Employees in the US and India reported ...

Oracle added its name to the list of tech companies doing layoffs along with Meta, Amazon, and Block. The move comes as Oracle expects to spend $50 billion on capital expenditures this year. Stocks ...

Oracle is conducting a round of layoffs, two people familiar with the move told CNBC. The layoffs were in the thousands, the people said. The software maker has continued to increase spending on data ...

Oracle (NYSE: ORCL) became the latest tech company to issue mass layoffs this morning. The legacy tech giant that's currently in the middle of a massive AI infrastructure build-out sent emails to ...

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This article first appeared on GuruFocus. Oracle (NYSE:ORCL) is making a pretty blunt shift right now. It's cutting jobs while pouring more money into AI infrastructure. The layoffs started Tuesday ...