Oracle Corp. is planning to ax thousands of jobs, among its moves to handle a cash crunch from a massive AI data center ...

Reports of layoffs at Oracle suggest that thousands will be let go this month to free up resources for its AI data center ...

Oracle is planning to axe thousands of jobs worldwide, among its moves to handle a cash crunch from a massive AI data center expansion effort.

Oracle’s initial moves as an AI cloud provider drew favour from investors, who boosted the stock 61 per cent in 2024 and 20 per cent last year. However, as the costs increased, the market has soured ...

The layoffs will impact divisions across Oracle and may be implemented as soon as this month. Some cuts will be aimed at job categories that the company expects will shrink due to AI.

Digital government was in the spotlight this week on Biometric Update with the release of the OECD rankings and a full day of ...

The layoffs are reportedly expected to be far more than Oracle’s usual rolling job reductions, and some of them will include cutting back on categories that can be bolstered using AI. ・Oracle has ...

Securities fraud class action lawsuit filed -- Class Period: June 12, 2025, through December 16, 2025 -- Deadline to Seek Lead Plaintiff Status: April 6, 2026 -- Key Lawsuit Allegations: Material ...

The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take ...

AI procurement startup Lio announced a $30 million Series A in a round led by Andreessen Horowitz.

Evidence suggests that China's "cradle of civilization" experienced marked climate disasters and social upheavals during the mid-late Holocene (around 3,000 years ago). However, the direct causes and ...