Oracle Corp. named Schneider Electric SE executive Hilary Maxson as its chief financial officer to help the company navigate massive data center development plans and an accompanying cash crunch.

Delivering on its grand plans for AI support has required unprecedented financial manoeuvring for Oracle “Meeting this opportunity requires efficient approaches in allocating capital, delivering ...

ASKED TO CALL. (816) 969-1668. AND WE’RE ALSO GETTING A CLEARER PICTURE TONIGHT OF THE LAYOFFS AT ORACLE. MISSOURI IS CONFIRMING MORE THAN 530 EMPLOYEES HAVE NOW BEEN CUT. THE IMPACT SPREADS ACROSS ...

Oracle has cut an unspecified number of jobs as the software giant looks to reduce costs and continue growing its artificial intelligence business, according to former employees and multiple reports.

Oracle on Tuesday reportedly began notifying employees that it is moving forward with a round of layoffs as the company looks to reduce costs. The number of layoffs is in the thousands, according to a ...

Oracle is conducting a round of layoffs, two people familiar with the move told CNBC. The layoffs were in the thousands, the people said. The software maker has continued to increase spending on data ...

LATEST April 2, 3 p.m. More than 150 workers from Oracle’s Pleasanton campus at 5815 Owens Drive will be included in companywide layoffs, according to a WARN notice sent to the California Employment ...

Another round of layoffs has hit the tech industry, this time at SaaS giant Oracle Corporation (NYSE: ORCL). The job cuts reportedly came out of the blue for most affected employees, with many ...

Employees at Oracle, co-founded by billionaire Larry Ellison, say they received termination emails around 6 a.m. on Tuesday, based on numerous social media reports. Although the complete scale of the ...

Oracle's fiscal third-quarter revenue was $17.2 billion -- up 22% year over year. The company's remaining performance obligations recently surged past half a trillion dollars. With shares trading at ...

Nahda Nabiilah is a writer and editor from Indonesia. She has always loved writing and playing games, so one day she decided to combine the two. Most of the time, writing gaming guides is a blast for ...