The 6am layoff emails caught thousands of Oracle employees off guard. But the warning was hiding in plain sight. Oracle's Q3 FY2026 earnings release, filed on March 10—the same week termination ...
Standing before a friendly crowd in March, Elon Musk laid out his plan for the future of his companies, and it was literally out of this world. Musk announced that his space-launch company, SpaceX, ...
US-based IT firm Oracle has laid off thousands of employees globally, even as it continues to post strong revenue growth. The job cuts come as the company spends heavily on artificial intelligence (AI ...
Oracle laid off thousands of employees on Tuesday as it ramps spending on AI infrastructure projects internally and with major technology partners. The layoffs were carried out via email, according to ...
Oracle is conducting a round of layoffs, two people familiar with the move told CNBC. The layoffs were in the thousands, the people said. The software maker has continued to increase spending on data ...
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 ...
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 ...
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Japan’s Mitsui OSK Lines is planning to convert ageing vessels into floating data centres. The shipping giant has signed a memorandum of understanding with Hitachi Co and Hitachi Systems to develop ...
The Trump administration has opened investigations into three medical schools, saying it has concerns about potential race-based discrimination in admissions. Stanford University, the Ohio State ...
Meta now plans to spend $10 billion on its AI data center in El Paso, Texas, up from a prior commitment of $1.5 billion. The data center aims to bring 1 gigawatt of capacity online by 2028. Meta is ...
A biotech start-up is testing a novel way of efficiently producing pharmaceutical drugs. A biotech start-up is testing a novel way of efficiently producing pharmaceutical drugs. A chicken egg at Neion ...
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