The growing use of AI contributed to Oracle laying off 21,000 workers in a year, according to a Securities and Exchange ...
Oracle's latest filings say it employs 141,000 people, down from 162,000 last year.
The job cuts made headlines. But the bigger story is what's funding them.
Other takeaways from the filing, the company's guidance and a prospectus on its capital needs suggest that Oracle's capex guidance for fiscal 2027 will be between $90B and $95B, with roughly $70B ...
Investors continue to worry about the return Oracle will get on its AI infrastructure spending.
Oracle has decreased its workforce by tens of thousands in the past year while spending $70 billion to fund its AI expansion. Oracle is spending big on artificial intelligence—to the tune of $70 ...
The ShinyHunters hacking gang claims to have compromised the Oracle PeopleSoft servers of more than 100 organizations, including many universities.
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.
Oracle carried out layoffs in March. A new filing shows how much smaller the workforce is compared to this time last year.
Here are some ways that investors could benefit from investing in Oracle: Oracle's recent quarterly revenue growth of over 20% year-over-year indicates strong demand for its products, particularly in ...
This project demonstrates the implementation of a Library Management System using Microsoft SQL Server. The project covers database design, relationship management, CRUD operations, business reporting ...
ORCL announced a cash dividend of $0.50 with an ex-date of Jul. 10, 2026 ...