Mumbai-based Rohith (name changed on request), a senior cloud architect at Oracle, said he was informed of his layoff via an email sent around 6 am on Tuesday. He added that while employees had sensed ...

March 31 (Reuters) - Cloud computing firm Oracle (ORCL.N), opens new tab is laying off thousands of employees, CNBC reported on Tuesday, citing two people familiar with the matter. Late on Tuesday, ...

The company has offered severance terms that include 15 days’ salary for each completed year of service in India, one month of unpaid wages up to the termination date, leave encashment, gratuity ...

Oracle is undergoing a massive capital reallocation, funding an unprecedented AI and cloud infrastructure buildout. Find out ...

A period of disruption on the order of 20% of global oil supplies would be unprecedented in modern history. While the outlook remains highly uncertain, each passing week increases the global economic ...

Employees across the US, India, Canada, and Mexico woke up on 31 March to termination emails from “Oracle Leadership” with no prior warning. TD Cowen estimates the cuts will affect 18% of Oracle’s 162 ...

In its periodic update of economic conditions, the Organization for Economic Cooperation and Development forecast all-items inflation in the U.S. to be at 4.2% for 2026. The forecast is a sharp step ...

Fertilizer prices are climbing as a result of disruptions in the Middle East, putting global food supplies at risk. By Ana Swanson Reporting from Washington One of the biggest economic casualties of ...

American action-based camera maker GoPro has announced that it will be cutting a significant part of its workforce as part of an internal restructuring. The company plans to lay off almost a quarter ...