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 ...

Oracle has reportedly initiated job cuts across multiple geographies, including the US and India, with employees receiving early morning emails informing them of immediate termination Shares of Oracle ...

Industry reports indicate that the company could reduce its workforce by between 20,000 and 30,000 roles as part of this transition. A post circulating on Reddit has ignited widespread concern over ...

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 ...

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 ...

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 ...

Emergency out-of-band fixes issued by enterprise IT giants Microsoft and Oracle have shone a spotlight on issues around both update cycles and patching, and identity security and zero-trust. Microsoft ...

Update: Added that Oracle declined to comment on whether the vulnerability has been exploited. Oracle has released an out-of-band security update to fix a critical unauthenticated remote code ...

Oracle has released an emergency update outside the usual quarterly Critical Patch Update (CPU) patch day. It closes a security vulnerability in Oracle Identity Manager and Web Services Manager, which ...

Oracle broke its usual patch cycle this week to announce a critical vulnerability in its Fusion Middleware. On March 19, the enterprise software and cloud computing giant released a special security ...

Oracle’s cloud infrastructure revenue surged 84% to $4.9 billion, beating the 79% analysts expected, while the company forecast $90 billion in revenue for the next fiscal year, handily topping Wall ...