Indiatimes

Oracle may lay off up to 30,000 employees, and one of the Big reasons is the company's 'commitment' to Sam Altman's OpenAI for…

Oracle faces massive job cuts, potentially 20,000-30,000, to fund its costly $300 billion OpenAI partnership. The tech giant has already spent $58 billion on data centers and is struggling with rising ...
Mint

Oracle Layoffs: Tech giant to slash 30,000 jobs as banks pull out from financing AI data centres

Oracle Layoffs: Tech major Oracle is planning to slash up to 30,000 jobs to fund AI data centres, a new report has said. According to a report by CIO citing research published this week by investment ...
Mint

Oracle layoffs: Which departments will get affected? Here's what we know

Tech major Oracle is reportedly planning to cut as many as 20,000 to 30,000 jobs globally, as the company looks to redirect resources towards building Artificial Intelligence data centres, a report by ...
Barron's

Oracle to Raise Up to $50 Billion. What It Means for the Stock.

Oracle plans to raise between $45 billion and $50 billion this year as it looks to fund its huge bet on cloud computing to power artificial intelligence. About half of that will be in debt, which will ...
The Financial Express

Oracle planning biggest layoffs in years, to cut 30,000 jobs amid AI data-center funding crunch: Report

According to a report by CIO, citing investment bank TD Cowen, Oracle is considering cutting between 20,000 and 30,000 jobs and may also look at selling parts of its business, including Cerner, the ...
Reuters

Oracle shares gain as $50 billion raise eases data-center funding fears

Feb 2 (Reuters) - Oracle (ORCL.N), opens new tab shares gained 2% on Monday after Wall Street analysts said the software company's $50 billion fundraising plan allays worries over its ability to ...
Austin American-Statesman

Oracle stock seesaws as company plans to raise up to $50 billion for AI infrastructure

Austin-based technology titan Oracle Corp. recently announced plans to raise between $45 billion and $50 billion this year to help fund its growing artificial intelligence infrastructure plans. The ...
Albuquerque Journal

Oracle doubles Project Jupiter job projections, saying operations will ‘require a much larger team’

Oracle, the tenant of the massive data center complex under construction in Santa Teresa, recently doubled the estimated number of jobs for Project Jupiter. Construction on the campus, which will ...
Businessworld

Oracle Eyes Up To $50 Bn Fundraising In 2026 To Expand Cloud Capacity

The software maker, chaired by billionaire founder Larry Ellison, said it plans to meet its funding needs through a mix of debt and equity. Oracle said on Sunday it expects to raise between USD 45 ...
Business Times

Oracle says it plans to raise up to $50 billion in debt and equity this year

ORACLE expects to raise US$45 billion to US$50 billion in 2026 to build additional capacity for its cloud infrastructure, the software company said on Sunday. The company, chaired by billionaire Larry ...
The Free Press Journal

Accelerating Enterprise Solutions: How Oracle APEX Transforms Business Processes

The modern business environment is ever pressured to streamline its operations, reduce costs and increase its productivity. Conventional software development might be sluggish and resource-consuming, ...
The Business Journals

Curtain call: Longtime East Bank tenants clear out for Oracle

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Tenants are moving off Cowan ...