Oracle is planning to cut thousands of jobs as it struggles to fund a growing AI data center buildout. Bloomberg reports that layoffs could begin as soon as this month, and could even impact the ...
In its fiscal second quarter ended November 30, 2025, Oracle reported revenue of US$16.06 billion and net income of US$6.14 billion, while also declaring a quarterly dividend of US$0.50 per share ...
Oracle may take drastic cost-cutting steps to improve its cash flow stress. In the cost-cutting move, the software giant may reduce its workforce by 20,000 to 30,000 for AI data-centre expansion. The ...
Oracle’s Debt Crisis Deepens: Oracle debt spikes $56 billion as cash flow turns negative, raising investor alarms. The tech giant borrowed aggressively to fund its AI and cloud expansion. Free cash ...
Oracle took another hit after word spread that several data centers tied to its massive OpenAI contract will now finish in 2028, not 2027. Reportedly, the change came from labor shortages and limits ...
Oracle is reportedly heading towards another round of layoffs, following the company’s decision to cut around 10,000 jobs in late 2025. According to a report by CIO, citing investment bank TD Cowen, ...
As Oracle pours billions into AI data centers, enterprises may face rising costs — but Oracle too is in a tight spot, which gives CIOs leverage in negotiations. Oracle’s aggressive AI-driven data ...