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Shares of Oracle (ORCL) tumbled about 8% premarket on Thursday after the company forecast higher capital expenditure for fiscal 2027 than analysts' estimates and said it expects to raise about $40B in ...

See more of our coverage in your search results. Add The New York Post on Google The initial wave of a massive bloodbath at Oracle has begun to show up in public filings — with 700 workers expected to ...

Falling debris from an intercepted missile has damaged the Dubai office of American tech giant Oracle, city officials said on Saturday. "Authorities confirm that they responded to a minor incident ...

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 ...

Oracle shares traded slightly lower on Wednesday after news that the company was laying off thousands of workers. The software giant recently said it is raising $50 billion for its data center ...

Oracle laid off thousands of employees yesterday. Numbers vary, with some reports saying up to 30,000 employees. Regardless, the company conducted the mass termination via email. Employees received ...

Oracle on Tuesday reportedly began notifying employees that it is moving forward with a round of layoffs as the company looks to reduce costs. The number of layoffs is in the thousands, according to a ...

Major Bay Area tech company Oracle announced mass layoffs Tuesday, notifying fired employees in an email at 6 a.m.. The message from one of the world’s largest software companies, chaired by ...

Employees across the US, India, Canada, and Mexico woke up on 31 March to termination emails from “Oracle Leadership” with no prior warning. TD Cowen estimates the cuts will affect 18% of Oracle’s 162 ...

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 ...