The growing use of AI contributed to Oracle laying off 21,000 workers in a year, according to a Securities and Exchange ...
The eliminations led to $1.8 billion in severance payments and other restructuring costs for Oracle, significantly higher ...
Investors continue to worry about the return Oracle will get on its AI infrastructure spending.
Oracle is set to report earnings Wednesday afternoon, with the cloud computing giant's stock seen making a big swing after the results.
CNBC's Seema Mody reports on Oracle as the tech giant reports after the bell on Wednesday.
Oracle cut 21,000 employees in fiscal 2026, reducing its workforce 13% to 141,000, with $1.8B in restructuring costs and AI cited as a direct driver.
The job cuts made headlines. But the bigger story is what's funding them.
Microsoft shipped SQL Server Management Studio 22.7.0 on Wednesday, June 10, 2026, in what the team called one of the bigger point releases in the 22.x cycle. Database developers who have spent years ...
Oracle carried out layoffs in March. A new filing shows how much smaller the workforce is compared to this time last year.
Universities running Oracle servers became the primary targets of an extortion campaign that exploited a missing ...
Forbes contributors publish independent expert analyses and insights. Brian Mazique has covered combat sports and video games since 2011. This voice experience is generated by AI. Learn more. This ...
Stocks surged and oil prices fell after President Trump said on social media that he was canceling strikes on Iran planned for tonight. Investors are gearing up for the first day of trading for Elon ...