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Oracle 30,000 job cuts incoming: Nearly 18% workforce may be affected despite AI and cloud expansion
Oracle could complete nearly 30,000 job cuts by mid-June 2026 despite reporting strong growth in its cloud computing and artificial intelligence businesses, according to a report by Tech Times. The ...
Shares of Oracle Corp. took their biggest fall in six months after the company reported quarterly capital expenses that were higher than estimates, raising investor concerns about the profitability of ...
WASHINGTON, June 10 (Reuters) - President Donald Trump's administration has awarded Oracle (ORCL.N), opens new tab a contract to provide a U.S. government-wide HR platform, according to a statement, ...
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Oracle plans to raise nearly $40 billion in debt and equity in 2027 Capital spending for 2026 reached $55.66 billion, surpassing Oracle's $50 billion target Analysts highlight investor concerns over ...
The Office of Personnel Management is using the contract to consolidate more than 100 systems into a single platform covering 2 million federal employees. The Office of Personnel Management is ...
Oracle is reportedly moving ahead with one of the largest workforce reductions in its history, with nearly 30,000 employees expected to leave the company by mid-June 2026. The reported layoffs come at ...
CISA added Oracle WebLogic flaw CVE-2024-21182 to its KEV catalog, giving federal agencies until June 4 to patch exposed servers.
Nine Java Enhancement Proposals make the final cut as OpenJDK shifts from feature development to bug fixing ahead of a September release.
Oracle said June 10 it expects its Oracle Health business to reach double-digit revenue growth in fiscal 2027, driven by a new AI-powered overhaul of the Cerner EHR. The projection came as Oracle ...
Oracle on Wednesday won a contract to provide a cloud-based HR platform for U.S. government agencies, according to a Trump administration statement, Reuters reported. The system will replace multiple ...
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