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

New AI-enabled capabilities in Oracle Primavera Unifier are helping project and asset management teams prioritize work and reviews, improve data integrity, and enhance safety to execute more compliant ...

Layoffs at Oracle shocked the global tech industry, with reports claiming that around 30,000 employees were let go, including nearly 12,000 in India. The immediate aftermath played out online, as ...

Oracle has cut around 10,000 jobs in India, sources told ET. This is part of a global restructuring affecting 30,000 employees. The company is reducing roles in its tech divisions. Oracle Financial ...

March 31 : Cloud computing firm Oracle is laying off thousands of employees, CNBC reported on Tuesday, citing two people familiar with the matter. Late on Tuesday, Oracle said it will lay off 491 ...

What started as a routine Tuesday (31 March) morning quickly turned into a nightmare for thousands of employees at Oracle, many of whom woke up to termination emails as early as 6 AM. The sudden ...

Oracle stock (ORCL) jumped over 2.4% today, even as layoffs hit key teams. Investors are not reacting to job cuts alone. They are focusing on Oracles aggressive AI strategy and expanding cloud ...

Oracle's shares are down about 40 per cent this year as the company has been swept by investor concerns that AI tools will largely supplant complicated business software. Oracle's executives have ...

A powerful explosion at a refinery operated by Valero Energy in Port Arthur, Texas, sent flames and thick black smoke into the sky, prompting emergency response efforts and shelter-in-place advisories ...

The threat actors behind the supply chain attack targeting the popular Trivy scanner are suspected to be conducting follow-on attacks that have led to the compromise of a large number of npm packages ...

Aave holds near $110 despite glitch triggering $27 million liquidations. Aave CEO Stani Kulechov says event had no impact on protocol. AAVE may retest $100 support amid broader crypto market jitters.