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, ...

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 ...

In India, an estimated 12,000 employees are said to have been affected. Thousands of employees at Oracle Corporation woke up to an unexpected and unsettling message early Tuesday morning -an email ...

An unknown number of Oracle Corp. employees woke up on the morning of March 31 to find an email from their employer informing them that it would be their last day on the job. "We are sharing some ...

Oracle layoffs: Oracle has begun another round of layoffs across its global offices, and it has left many employees completely shocked. People woke up early in the morning to find their termination ...

Oracle (ORCL) started laying off employees on Tuesday to drive down costs to support its artificial intelligence infrastructure buildout, according to Business Insider. Shares rose 3% in midday ...

Oracle has cut an unspecified number of jobs as the software giant looks to reduce costs and continue growing its artificial intelligence business, according to former employees and multiple reports.

Major Bay Area tech company Oracle announced mass layoffs Tuesday, notifying fired employees in an email at 6 a.m.. The message from one of the world’s largest software companies, chaired by ...

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 on Tuesday conducted a round of layoffs affecting thousands of employees, citing “current business needs,” according to multiple reports, resulting in a rise in the software maker’s stock as it ...

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 ...