CNBC

Oracle cutting thousands in latest layoff round as company continues to ramp AI spending

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 ...
The Financial Express

Oracle lays off 12,000 software engineers from India’s cloud computing business, second wave anticipated in a month

US-based IT firm Oracle has reportedly laid off around 12,000 employees in India, a PTI report said citing employees impacted by the same. They also said that another round of job cuts could take ...
New York Post

Bloodbath at Oracle as staff stunned by brutal 6 a.m. layoffs email

Major Bay Area tech company Oracle announced mass layoffs Tuesday, notifying fired employees in an email at 6 a.m.. The message from one of the world’s largest software companies, chaired by ...
Austin American-Statesman

Oracle layoffs reported as company pushes deeper into AI

Oracle Corp. has begun layoffs that could affect thousands of employees to cut costs amid heavy debt-funded spending on artificial intelligence infrastructure. The Austin-based cloud computing company ...
Forbes

Oracle Layoffs Lead To Heartbreaking Posts On LinkedIn

This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. REDWOOD SHORES, CALIFORNIA - MARCH 10: The Oracle logo is displayed on a building at an ...
Rolling Out

Oracle slashes 30,000 jobs with a cold 6 a.m. email

It was not a phone call. It was not a meeting. For thousands of Oracle employees across the globe, Tuesday morning began with a single email landing in their inboxes just after 6 a.m. EST — and by the ...
Mint

Oracle slashes 30,000 jobs: How much severance was offered? Which departments were affected? Key questions answered

Oracle has announced 30,000 job cuts, marking the biggest single tech layoff in the last 12 months. A CNBC report confirmed that the company's stock price declined sharply, linked to heavy spending on ...
KMBC Kansas City

Oracle's Kansas City campus lays off more than 500 employees

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 ...
Hindustan Times

As Oracle lays off employees globally, here’s the email it sent to impacted staff: 'Today is your last working day'

Oracle has begun laying off employees across its global offices as part of a broader cost-cutting and organisational restructuring exercise, according to a report by Business Insider. Employees ...
The Independent

Oracle lays off up to 30,000 staff with 6am email

Tech giant Oracle has laid off thousands of its workforce in massive job cuts that could reportedly impact 30,000 employees globally amid the company’s push to fund more artificial intelligence ...
The Business Journals

Oracle cuts 539 Kansas City roles, part of layoffs that could reach 30,000

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min As part of a nationwide wave of ...
The Next Web

Oracle is cutting up to 30,000 employees to pay for AI data centres

Employees across the US, India, Canada, and Mexico woke up on 31 March to termination emails from “Oracle Leadership” with no prior warning. TD Cowen estimates the cuts will affect 18% of Oracle’s 162 ...