Oracle faces massive job cuts, potentially 20,000-30,000, to fund its costly $300 billion OpenAI partnership. The tech giant has already spent $58 billion on data centers and is struggling with rising ...

Oracle Layoffs: Tech major Oracle is planning to slash up to 30,000 jobs to fund AI data centres, a new report has said. According to a report by CIO citing research published this week by investment ...

Oracle is a managing investor of a new joint venture that will run TikTok’s U.S. operations. Investors should focus on Oracle’s cash flow and balance sheet. Its falling stock price in recent months ...

Tech major Oracle is reportedly planning to cut as many as 20,000 to 30,000 jobs globally, as the company looks to redirect resources towards building Artificial Intelligence data centres, a report by ...

According to a report by CIO, citing investment bank TD Cowen, Oracle is considering cutting between 20,000 and 30,000 jobs and may also look at selling parts of its business, including Cerner, the ...

AUSTIN, Texas, Feb. 1, 2026 /PRNewswire/ -- Oracle Corporation (NYSE: ORCL) today announced its full calendar year 2026 plan to fund the expansion of its rapidly growing Oracle Cloud Infrastructure ...

Oracle shares fell 2% on February 2 following the company’s announcement that it planned to raise upwards of $50 billion in 2026. That spike came after Oracle reported a 359% increase in its remaining ...

(Bloomberg) --Oracle Corp. plans to raise $45 billion to $50 billion this year through a combination of debt and equity sales to build additional cloud infrastructure capacity, reflecting the scale of ...

Feb 2 (Reuters) - Oracle (ORCL.N), opens new tab shares gained 2% on Monday after Wall Street analysts said the software company's $50 billion fundraising plan allays worries over its ability to ...

Oracle is executing a bold transformation that leverages its database core while supplying data center infrastructure. It's also ramping up internal cloud and application products. Growth is fueled by ...

Hammered by the general software selloff and AI debt concerns, shares of Oracle have shed 25% over eight trading sessions Oracle issued $25 billion of corporate bonds on Monday as part of its 2026 ...

Investors allege Oracle misled them about AI infrastructure returns while top executives unloaded shares at inflated prices. A securities class action filed this week in Delaware federal court accuses ...