Oracle plans thousands of layoffs as it ramps AI data center spending and targets $45–$50B for cloud capacity.

Oracle last reported an employee count of about 162,000 in May 2025. About 31 percent of those employees were in research and ...

Evercore analyst Kirk Materne said Oracle's announcement of using $25B in debt and $25B in equity to capitalize itself, along ...

Oracle surpassed estimates for the quarter, and lifted its guidance for fiscal 2027 revenue. During the quarter, Oracle ...

Oracle’s cloud segment, which now represents over half of the company’s sales, grew 44% from a year ago, to $8.9 billion.

Oracle is preparing broad job cuts as it tries to contain the cost of a major AI data center push. The company is also launching new AI software, which shows a ...

Oracle Corporation is reportedly planning to lay off thousands of employees to control expenses from its heavy investments in ...