Oracle's stock fell 19% this week, the steepest drop since August 2001, the depths of the dot-com bust. The company's capital ...
Oracle expands its AI database security strategy with new data protection, patching, and cyber resilience tools to help ...
Oracle's financial position and doubts about its largest AI client have weighed on the stock.
Oracle carried out layoffs in March. A new filing shows how much smaller the workforce is compared to this time last year.
"The adoption and deployment of AI technologies across our operations have resulted, and may continue to result, in ...
The job cuts made headlines. But the bigger story is what's funding them.
The growing use of AI contributed to Oracle laying off 21,000 workers in a year, according to a Securities and Exchange ...
June 22 (Reuters) - Oracle's total workforce declined 13%, or about 21,000 employees, in fiscal 2026, as the cloud computing ...
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 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 ...
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.
Boomi is hoping it can provide IT leaders with greater visibility on their token spend, something that is lacking across the industry. The company is developing a tool called Boomi Prompt, which acts ...