Now we know how much Oracle shrank its staff in the past year — and how much it cost

Oracle carried out layoffs in March. A new filing shows how much smaller the workforce is compared to this time last year.

Despite concerns, Oracle 10-K supports revenue outlook for fiscal 2027: Evercore

Other takeaways from the filing, the company's guidance and a prospectus on its capital needs suggest that Oracle's capex ...
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Oracle Health, 8 health systems must face data breach lawsuit

A federal judge ruled June 22 that a data breach lawsuit against Oracle Health and eight health systems can move forward, denying most of the defendants’ attempts to dismiss the consolidated case. U.S ...

Jobs bloodbath at Oracle as 21,000 staff let go amid huge strategy pivot

The scale of the cuts was revealed in a regulatory filing Monday, showing Oracle’s workforce shrank from 162,000 full-time ...

Oracle’s 21,000 layoffs help drive its debt-fueled AI investments

The growing use of AI contributed to Oracle laying off 21,000 workers in a year, according to a Securities and Exchange ...

Oracle layoffs: 21,000 jobs cut, software giant trades human talent for AI tech amid the SaaSpocalypse

Oracle has decreased its workforce by tens of thousands in the past year while spending $70 billion to fund its AI expansion.

Oracle laid off 21,000 employees over the past year, citing AI as one of the reasons

The company says its AI adoption and deployment may result in further reductions.

Oracle shares sink after annual filing reveals 13% workforce cuts

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 cut 21,000 jobs over past year as AI adoption reshaped operations

Oracle ( ORCL) reduced its workforce by about 21,000 employees over the past year as part of a restructuring effort aimed at ...