Indiatimes

Oracle layoffs: In a first, the 6 AM email that laid off 10,000+ employees did not come from HR

Oracle began its largest-ever round of layoffs on Tuesday, cutting thousands of employees worldwide with no advance notice. The termination emails—signed "Oracle Leadership"—landed at 3AM Pacific and ...
Forbes

Oracle’s $10 Billion Bet On AI Sends Shares Down 57% And 30,000 Workers Out The Door

Forbes contributors publish independent expert analyses and insights. Peter Cohan, a Boston-based senior contributor, covers stocks. This voice experience is generated by AI. Learn more. This voice ...
Fox Business

Oracle hires new CFO with $950K salary as thousands face layoffs

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, ...
Indiatimes

Oracle layoffs: Company sets severance condition for laid-off employees: Sign papers first, or…

Oracle has begun its largest-ever round of layoffs, with estimates suggesting up to 30,000 jobs could be cut globally—and the severance comes with strings attached. Affected employees will only ...
The Financial Express

Oracle lays off 12,000 software engineers from India’s cloud computing business, second wave anticipated in a month

US-based IT firm Oracle has reportedly laid off around 12,000 employees in India, a PTI report said citing employees impacted by the same. They also said that another round of job cuts could take ...
NDTV

Oracle Appoints Hilary Maxson As CFO With $29.7 Million Package After Firing 30,000 Employees

Just days after firing 30,000 employees globally, reportedly due to AI-driven cost-cutting, Oracle has appointed Hilary Maxson as its new Chief Financial Officer (CFO) with a massive pay day. While 12 ...
Reuters

Oracle hires Schneider Electric's Maxson as CFO amid AI spending boom

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 ...
Hindustan Times

Oracle fires 12,000 employees in India, another round of layoffs soon

Around 12,000 employees in India are reportedly part of the 30,000 laid off by Oracle, a US-based tech giant, with another round of job cuts expected within a month. An exterior view of the Oracle ...
KMBC Kansas City

Oracle layoffs in Kansas City could have ‘double impact,’ economist says

FINANCIAL MARKETS. HE SAYS THOSE WOULD BE TEMPORARY. WELL, HUNDREDS OF JOBS ARE AT RISK HERE IN KANSAS CITY. ORACLE SAYS IT IS CUTTING MORE THAN 500 POSITIONS. KMBC9 BRIAN JOHNSON IS GETTING ANSWERS ...
TechSpot

Oracle layoffs could reach 30,000 as company doubles down on AI

What just happened? Oracle is trimming tens of thousands of jobs across its global operations as part of a broader realignment toward AI infrastructure. Employees in the US and India reported ...
Los Angeles Times

Oracle lays off thousands in latest sign of tough times for tech industry

This is read by an automated voice. Please report any issues or inconsistencies here. Software giant Oracle on Tuesday started laying off workers as it looks to rein in costs and double down on ...