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 ...

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 ...

Oracle disclosed plans to slash 654 jobs in the Bay Area after recent reports that the company had emailed termination notices to potentially thousands of employees worldwide. Related Articles San ...

News that an estimated 30,000 employees are losing their jobs at Oracle comes at a time when the company is claiming to have $533bn in orders to fulfil. As of May 2025, Oracle had a workforce of ...

BENGALURU – Cloud computing firm Oracle is laying off thousands of employees, CNBC reported on March 31, citing two people familiar with the matter. Later that day, Oracle said it would lay off 491 ...

The uniform wording of the email highlighted the impersonal nature of the company’s large-scale workforce reduction. Oracle has reportedly laid off approximately 30,000 employees across the globe, ...

According to reports, several employees received emails from “Oracle Leadership” as early as 6 AM EST, stating that their roles had been eliminated with immediate effect. Many employees said there was ...

Oracle laid off thousands of employees yesterday. Numbers vary, with some reports saying up to 30,000 employees. Regardless, the company conducted the mass termination via email. Employees received ...

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 laid off some employees on Tuesday, according to two employees and LinkedIn posts. The cuts come as Oracle is trying to cut costs. The company's stock has dropped nearly 30% this year as AI ...

LATEST April 2, 3 p.m. More than 150 workers from Oracle’s Pleasanton campus at 5815 Owens Drive will be included in companywide layoffs, according to a WARN notice sent to the California Employment ...