A massive Oracle data center planned for rural Michigan secures $16 billion in funding

The Saline, Michigan campus is huge. It will generate 1 gigawatt of electricity, making it one of the largest data centers in ...
Fox Business

Oracle hires new CFO with $950K salary as thousands face layoffs

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, ...
Wall Street Journal

Oracle Names Hilary Maxson Chief Financial Officer

Oracle hired Hilary Maxson as the software giant’s new chief financial officer, effective immediately. Oracle on Monday said Maxson, 48 years old, joins from Schneider Electric, where she served as ...
Hosted on MSN

Oracle: The $500 billion backlog vs. the $125 billion debt

Oracle (ORCL) achieved organic total revenue and non-GAAP EPS growth of 20%+ in the same quarter for the first time in 15 years, with IaaS revenue surging 84% to $4.888B, but the company is now ...
Hindustan Times

Did Iran target Oracle data center in Dubai? Govt. fact checks claim after Bahrain Amazon attack

As tensions between the United States and Iran continue to simmer and a recent online reports claimed that Iran’s Islamic Revolutionary Guard Corps (IRGC) had targeted a data center belonging to US ...
Gizmodo

Iran Says It Hit Oracle Facilities in the UAE

Iran’s Islamic Revolutionary Guard Corps (IRGC) claims it has targeted an Oracle data center in Dubai, United Arab Emirates, according to Iranian state media. The alleged strike comes only two days ...
Yahoo Finance

Oracle fired up to 30,000 workers via email after a 95% profit surge. Tech companies are cutting almost 1,000 jobs/day

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CNBC

Oracle layoffs will help cost savings, analysts say

Oracle shares traded slightly lower on Wednesday after news that the company was laying off thousands of workers. The software giant recently said it is raising $50 billion for its data center ...
Indiatimes

Oracle layoffs: Employees receive email from 'Oracle Leadership' at 6AM, saying: "We have made the decision to eliminate your role as…"

Oracle has begun laying off employees across its global offices, with workers in US, India, and other regions reporting termination emails landing in their inboxes as early as 6AM EST on Tuesday. The ...
Los Angeles Times

Oracle lays off thousands in latest sign of tough times for tech industry

This is read by an automated voice. Please report any issues or inconsistencies here. Software giant Oracle on Tuesday started laying off workers as it looks to rein in costs and double down on ...
CIO

Oracle cuts up to 30,000 jobs globally, putting enterprise support and roadmaps at risk

Oracle began laying off employees on Tuesday in what could be the largest workforce reduction in the company’s history. Workers in the United States, India, Canada, Mexico, and Uruguay received ...