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21,000 jobs gone in a year: Oracle becomes the latest tech giant to cut workers due to AI adoption
The headlines about major tech giants announcing massive layoffs due to AI are alarming. Earlier this month, GitLab let 350 of its workers go in an effort to continue funding its AI infrastructure and ...
Back in March, it was widely reported that Oracle had sent anywhere between 10,000 and 30,000 employees an email, notifying them that it was their last day with the company. Now, we have a more ...
This spring, Oracle unveiled what it calls Fusion Agentic Applications, a new class of enterprise applications designed to execute multistep business processes with minimal human intervention.
June 10 : Oracle on Wednesday forecast capital spending plans for fiscal 2027 above Wall Street estimates, as the cloud computing company said it will also raise more debt in 2027, reflecting the ...
This concludes TheStreet’s coverage of Oracle’s Q4 2026 earnings. While the hyperscaler bested analyst expectations to cap off its fiscal year 2026, the company also spent more than expected on its ...
Nissan is warning that it suffered a data breach affecting current and former employees after threat actors exploited an Oracle PeopleSoft vulnerability in data theft attacks previously linked to the ...
'Everyone’s a Line On a Spreadsheet:' Inside Oracle’s Mass Layoffs and the Workers Fighting Back
Follow this author to personalize your feed and get instant alerts. WHY FOLLOW? Update your preferences in Account Settings Correspondent Oracle chairman and CTO Larry Ellison at the White House in ...
After a massive round of layoffs in 2025, Tech giant Oracle has again cut thousands of its employees, including hundreds of workers at four California offices. On March 31, more than 700 employees ...
Oracle on Monday announced it hired a new chief financial officer after the software giant moved forward with layoffs last week. The company announced that Hilary Maxson will serve as the new CFO, ...
This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. Oracle Fired 30,000 People by Email. The Same Quarter, It Posted Record Revenue and a $553 ...
This is read by an automated voice. Please report any issues or inconsistencies here. See more from the L.A. Times in Google Search. Set us as preferred Software giant Oracle on Tuesday started laying ...
Larry Ellison, co-founder of Oracle Corp., speaks during an Oracle event in San Francisco in 2018. (David Paul Morris / Bloomberg / Getty Images) Software giant Oracle on Tuesday started laying off ...
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