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Oracle cut 21,000 jobs last year

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Overview
 · 9h
Now we know how much Oracle shrank its staff in the past year — and how much it cost
Oracle's head count has been shrinking as it made layoffs to cut costs — and now there's a number behind its reduction.

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 · 1d
AI Cost 21,000 Jobs At Oracle This Year—And More Layoffs Could Be Coming
Investor's Business Daily on MSN · 1d
Oracle cut 21,000 jobs last year as AI costs surged
 · 1d
Oracle layoffs: Company 'confirms' how many employees received email from 'Oracle Leadership' at 6AM, saying that "We have made the decision to eliminate your role as…"
In March this year, Oracle confirmed that thousands of employees received emails from ‘Oracle leadership’ at 6AM informing them that their roles had been eliminated.

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 · 1d
Oracle workforce shrinks by about 21,000 employees amid AI adoption
 · 1d
Oracle Cuts 21,000 Jobs In A Year, Says AI Adoption Contributed To Workforce Reduction
1don MSN

Oracle stock is down 44% in the last 9 months. Is this a buying opportunity, or is more downside ahead?

Oracle's financial position and doubts about its largest AI client have weighed on the stock.
Daily Mail on MSN
23h

Oracle finally discloses the extent of its job cut carnage over the last year: 13% of staff

Oracle has quietly disclosed MASSIVE job cuts from the last year, equal to 21,000 jobs or 13% of the tech giant's staff.
24/7 Wall St.
6d

Oracle vs. Salesforce: Which Tech Giant Is The Better Buy?

Salesforce (NYSE: CRM | CRM Price Prediction) and Oracle (NYSE: ORCL) both delivered fresh earnings inside a three week window, and the contrast is striking. Salesforce sells AI agents that sit on top of customer data.
14don MSN

Oracle Just Delivered a Record-Breaking Quarter, Complete with a Beat and Raise. So Why Is the Stock Falling?

The cloud infrastructure and AI provider delivered everything investors were expecting. They wanted more.
14don MSN

Oracle beats on earnings and revenue, adds $20 billion to planned capital raise

Oracle reported better-than-expected earnings and revenue for its fiscal fourth quarter.
24/7 Wall St.
12d

The Biggest Warning Signal Flashing for Oracle Right Now Has Nothing to Do With Sales or Profitability

Oracle (NYSE:ORCL | ORCL Price Prediction) recently reported blockbuster earnings, with both the top and bottom lines coming in above estimates. Revenue came in at $19.2 billion ($100 million higher than estimated),
10don MSN

Oracle Stock Dips Despite Continued Strong Backlog Growth. Should Investors Buy the Stock on the Dip?

Investors continue to worry about the return Oracle will get on its AI infrastructure spending.
Forbes
1y

Oracle Meets AWS: New Partnership Delivers Best Of Two Cloud Worlds

Forbes contributors publish independent expert analyses and insights. Chief Analyst & CEO, NAND Research. Oracle and Amazon Web Services jointly announced the launch of Oracle Database@AWS. The new offering allows customers to access Oracle Autonomous ...
12d

Oracle: The Spending Boom Continues

Oracle delivered strong Q4 results, driven by 46% cloud revenue growth, but shares fell sharply due to surging capital spending. Read why ORCL stock is a hold.
adexchanger
1y

Inside The Fall Of Oracle’s Advertising Business

It is an ignominious end for Oracle Advertising, a part of the Oracle Data Cloud (ODC) that, at one point, consisted of top players in the category, including Datalogix for offline consumer data, Grapeshot contextual targeting, Moat’s measurement and ...
Game Rant
5mon

The Outer Worlds 2

Harry is a Writer, Editor, and Content Strategist from Portsmouth, United Kingdom. He started writing about games as the Editor of his university website, and in the ten years since, he has been Guides Editor for PC Gamer and PCGamesN for three years each ...
1don MSN

Oracle sheds 21,000 jobs as it sharpens focus on AI

The tech company’s head count shrank by roughly 13% in its last fiscal year, as it continued to invest in artificial intelligence.
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