Oracle on Monday announced it hired a new chief financial officer after the software giant moved forward with layoffs last week. The company announced that Hilary Maxson will serve as the new CFO, ...

Software giant Oracle has named Hilary Maxson as its new chief financial officer amid thousands of layoffs that sent shockwaves through the company. Maxson, 48, formerly of Schneider Electric, assumes ...

Maxson says she aims for investment discipline Oracle faces investor concerns over growing spending Oracle shares have dropped about 25% this year April 6 (Reuters) - Oracle (ORCL.N), opens new tab on ...

The tech giant Oracle is expected to lay off thousands of employees as the company, formerly headquartered in Silicon Valley, attempts to address its plummeting stock price tied to artificial ...

Related Digital is finalizing $16 billion of financing for a giant Oracle Corp. data center, after months of stop-and-start negotiations with investors. The developer has been rounding up cash to ...

Oracle Slashes Thousands of Jobs While Doubling Down on AI Expansion Your email has been sent Oracle has begun cutting thousands of jobs as it seeks to ease investor concerns about the scale of its AI ...

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 ...

Oracle laid off 491 Seattle workers Tuesday, part of broader cuts at the company amid increased artificial intelligence spending and a falling stock price this year. Business Insider first reported ...

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 ...

Oracle began sending thousands of layoff notifications via a Tuesday morning email as the cloud infrastructure giant continues to refocus resources toward artificial intelligence and other data center ...

Oracle is joining a growing wave of tech companies cutting jobs as they pour billions into artificial intelligence. This morning, the company began implementing sweeping layoffs across multiple ...

Oracle Corporation delivered its strongest quarter in 15 years, with Q3 revenue up 22% YoY to $17.2 billion and cloud revenue comprising 52% of total sales. ORCL's multicloud database ...