Investors have grown worried about how it would fund the data center expansion needed to serve OpenAI and other customers, ...
Oracle Corp. is planning to ax thousands of jobs, among its moves to handle a cash crunch from a massive AI data center expansion effort.
Oracle is reportedly planning significant job cuts, potentially thousands, to manage a growing cash crunch fueled by its ...
Oracle (ORCL) stock weakens as the company announces sweeping job cuts to manage rising AI infrastructure costs and plans to ...
Analysts expect Oracle to report adjusted earnings per share of $1.71 for the quarter, representing year-over-year growth of ...
Oracle loses executives health division as several senior leaders depart its health records unit following the Cerner acquisition.
Oracle plans thousands of layoffs as it ramps AI data center spending and targets $45–$50B for cloud capacity.
The market continues to stress the company's exposure to OpenAI, not least as Oracle's debt continues to balloon while its cash flow goes in the other direction.
The report suggests that Oracle Chairman Larry Ellison is leading a major push to build new data centers that can handle demanding AI tasks for big customers, including OpenAI.
Oracle last reported an employee count of about 162,000 in May 2025. With just days until Oracle’s third fiscal quarter ...
Oracle is planning thousands of ​job cuts as it faces a cash crunch ‌from a massive AI data centre ​expansion effort, Bloomberg News reported ...
Oracle is building high-powered data centers around the world to meet booked business from major tech clients. The job cuts ...