Oracle may take drastic cost-cutting steps to improve cash flow stress, according to CIO, citing TD Cowen’s assessment. In ...

Oracle defends its USD 300B OpenAI contract and addresses reports of 30,000 layoffs as it launches a 50B funding plan to ...

Oracle is considering workforce cuts and selling Cerner to alleviate financial pressure, warns investment bank TD Cowen.

Oracle is reportedly planning layoffs of up to 30,000 employees as it faces funding pressure to expand AI data centres, with ...

Oracle is experiencing higher borrowing costs and a pullback from US banks as it attempts to finance its large data centre projects.

Oracle (NYSE:ORCL) is reportedly planning to raise about US$45b to US$50b in debt and equity to fund large scale AI and cloud ...

Citing a research note by investment bank TD Cowen, CIO announced that Oracle is also considering selling parts of its ...

In yet another wave of layoffs, Oracle is reportedly planning to cut around 30,000 jobs. According to the reports, the ...

Oracle may cut up to 30,000 jobs as it looks to fund aggressive AI data centre expansion and manage mounting cloud ...

Oracle is defending its substantial AI partnership with OpenAI amidst reports of potential job cuts to fund infrastructure.

Overview Oracle shares fell nearly 1% as reports of large job cuts worried investors.Funding stress around AI data centres raised doubts over Oracle’s expansion ...

Oracle says a big artificial intelligence data center going up in New Mexico will create twice as many permanent jobs as the ...