Survival World on MSN
Oracle may lay off up to 30,000 employees, nearly 20% of its entire workforce
Image Credit: Wikipedia / Raysonho ...
Oracle may take drastic cost-cutting steps to improve cash flow stress, according to CIO, citing TD Cowen’s assessment. In the cost-cutting move, the software giant may reduce its workforce by 20,000 ...
Stocktwits on MSN
Oracle analyst warns of 30,000 layoffs, asset sale as the cloud firm moves to tackle debt – ORCL stock falls pre-market
Oracle’s debt-fueled data center expansion has drawn concerns, prompting a sharp sell-off in its stock in recent months. ・Last year, Oracle raised its 2026 capital expenditure view by $15 billion to ...
The investment bank says Oracle may seek to sell its health tech unit, Cerner, and cut up to 30,000 jobs to help pay for its ...
Overview Oracle shares fell nearly 1% as reports of large job cuts worried investors.Funding stress around AI data centres raised doubts over Oracle’s expansion ...
US technology giant Oracle is considering massive job cuts as it struggles to fund its artificial intelligence (AI) data centre expansion, CIO reported, citing investment bank TD Cowen. The company ...
Oracle expects to raise $45 billion to $50 billion in 2026 to build additional capacity for its cloud infrastructure.
Oracle has cut jobs recently in Silicon Valley and elsewhere. From the Nashville Business Journal: Oracle Corp. is laying off workers worldwide as it also reports a record, AI-fueled surge in its ...
Oracle is defending its substantial AI partnership with OpenAI amidst reports of potential job cuts to fund infrastructure. Despite a stalled Nvidia deal, Oracle remains confident in OpenAI's funding ...
Oracle faces massive job cuts, potentially 20,000-30,000, to fund its costly $300 billion OpenAI partnership. The tech giant has already incurred significant debt for AI data centers, with its stock ...
AI investments and cost pressures continue to fuel tech-offs across the tech sector, and first wave started in January 2026 with nearly 25,000 job cuts.
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