Oracle (NYSE: ORCL) was founded as a software company in 1977, before transitioning first to cloud computing and later to ...

Oracle's (NYSE:ORCL) internal documents showed that the fast-growing cloud business has thin gross profit margins in the past year or so, lower than what many equity analysts have forecast, The ...

Oracle's earnings had an opportunity to turn around the recent malaise with tech stocks. Instead, it announced it would raise more money, adding to worries.

The growing use of AI contributed to Oracle laying off 21,000 workers in a year, according to a Securities and Exchange Commission filing on Monday.

Shares of Oracle Corp. closed 4% higher today following reports that it’s negotiating a $20 billion deal to provide Meta Platforms Inc. with cloud infrastructure. Sources told Reuters that the ...

Oracle has recently mulled reducing costs by as much as $1 billion and as a result, possibly letting go of thousands of its employees as early as August, according to a report published Friday by The ...

Oracle layoffs 2026 reduced headcount by 21,000 employees. The company spent USD 1.84 billion on severance and restructuring ...

Colin is an Associate Editor focused on tech and financial news. He has more than three years of experience editing, proofreading, and fact-checking content on current financial events and politics.

Oracle is reportedly moving ahead with one of the largest workforce reductions in its history, with nearly 30,000 employees expected to leave the company by mid-June 2026. The reported layoffs come at ...