The cuts came as Oracle posted a 95% profit jump and filed 3,100 H-1B visa petitions.

Oracle released an array of new agentic applications for enterprises covering finance, supply chain management, human ...

Oracle's long-term debt increased roughly 66% since the start of 2025. The company is leaning into artificial intelligence, and so far, that bet is paying off. Artificial intelligence (AI) is the ...

The financing package could be executed through a 144A private placement, allowing the debt to be distributed among qualified institutional buyers, a structure often used for transactions of this size ...

Oracle on Tuesday reportedly began notifying employees that it is moving forward with a round of layoffs as the company looks to reduce costs. The number of layoffs is in the thousands, according to a ...

Oracle Corp. has begun layoffs that could affect thousands of employees to cut costs amid heavy debt-funded spending on artificial intelligence infrastructure. The Austin-based cloud computing company ...

Employees across the US, India, Canada, and Mexico woke up on 31 March to termination emails from “Oracle Leadership” with no prior warning. TD Cowen estimates the cuts will affect 18% of Oracle’s 162 ...

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Oracle is actively promoting its AI data center progress and job creation efforts amidst significant investor concerns. The company's massive $300 billion OpenAI cloud contract, signed in September ...

Feb 2 : Oracle shares gained 2 per cent on Monday after Wall Street analysts said the software company's $50 billion fundraising plan allays worries over its ability to finance a massive data-center ...