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This article first appeared on GuruFocus. Oracle (NYSE:ORCL) is making a change at the top of its finance team, and RBC thinks it comes down to one thing. Cloud is now driving the business. The ...

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

Oracle ORCL0.88%increase; green up pointing triangle began to significantly reduce its workforce Tuesday while it continues to build out costly data centers for artificial-intelligence development.

Oracle began layoffs on Tuesday, affecting workers across various regions. Affected Oracle employees received layoff notifications that signaled immediate job termination. Laid-off Oracle staff were ...

Oracle began sending thousands of layoff notifications via a Tuesday morning email as the cloud infrastructure giant continues to refocus resources toward artificial intelligence and other data center ...

Oracle announced a suite of agentic AI capabilities integrated directly into Oracle AI Database, enabling AI agents to securely access enterprise data where it already exists, rather than requiring ...

Mike Sicilia CEO at Oracle provided the keynote address at Oracle AI World Tour in London’s ExCeL Centre. Sicilia spoke about the speed in which AI innovation has accelerated in the past 12 months at ...

“Data is the lifeblood of any business, and the cloud is the best way to analyze it so that insights become actionable,” said Magesh Bagavathi, Senior Vice President and Global Chief Technology ...

An Austin-based software giant has set aside billions for restructuring, raising concerns about potential job cuts as the company ramps up spending on artificial intelligence tools and data center ...

Oracle’s gross profit margin stands at an impressive 68.54% for the last twelve months, supporting the analyst’s positive margin commentary. The analyst noted there are many moving pieces with ...