Jobs bloodbath at Oracle as 21,000 staff let go amid huge strategy pivot

Oracle has quietly axed 21,000 workers in a massive jobs bloodbath as it pours billions into artificial intelligence, all ...

Oracle workforce shrinks by about 21,000 employees amid AI adoption

Oracle's total workforce declined 13%, or about 21,000 employees, in fiscal 2026, as the cloud computing giant continued ...

The database that refused to die: How Postgres survived its own creators

Stonebraker essentially abandoned Postgres in the mid-1990s. But instead of fading into obscurity, the codebase was salvaged ...
mlive

OpenAI, Oracle leaders praise data center south of Ann Arbor, pledge $10M to local center

OpenAI CEO Sam Altman and Oracle CEO Clay Magouyrk were among those who spoke about the benefits of the hyperscale data center under construction in Saline Township at its groundbreaking event.
Business Insider

Local data center opposition claims its latest victim: Oracle's Project Jupiter gas plant

Oracle is ditching a contentious plan to construct a natural gas plant to power one of its newest data centers. Instead, Oracle said last week that it will partner with fuel-cell maker Bloom Energy to ...
Time

'Everyone’s a Line On a Spreadsheet:' Inside Oracle’s Mass Layoffs and the Workers Fighting Back

Follow this author to personalize your feed and get instant alerts. WHY FOLLOW? Update your preferences in Account Settings Correspondent Oracle chairman and CTO Larry Ellison at the White House in ...
Seeking Alpha

Oracle to use Bloom Energy fuel cells to power 2.45 GW AI data center microgrid in New Mexico

Bloom Energy (BE) up 2.3% post-market Monday after Oracle (ORCL) and BorderPlex Digital Assets said they will utilize Bloom's fuel cells to fully power the planned multi-billion dollar Project Jupiter ...
24/7 Wall St

Oracle’s New AWS Partnership Just Put It Ahead of Azure and Google Cloud

Cloud customers today refuse to bet everything on one provider. They run AI models across platforms, keep regulated data in one spot, and tap the best tools wherever they live. Multicloud setups now ...
Investopedia

Why Oracle Is One of the Biggest Winners of This Week's Rally So Far

Aaron McDade is a breaking news reporter for Investopedia. He is an experienced journalist who has covered everything from the latest in business and tech news to sports and international news like ...
Bloomberg L.P.

Oracle Agrees to Buy Power From Bloom for AI Data Centers

Oracle Corp. agreed to purchase as much as 2.8 gigawatts of fuel-cell power from Bloom Energy Corp. to supply data centers for artificial intelligence work. An initial 1.2 gigawatts of capacity has ...
AOL

Oracle gave its new CFO $26M in stock after firing up to 30,000 workers. Employee says an 'algorithm' may have targeted those with stock options first

Days after Oracle fired up to 30,000 employees via a 6 a.m. email — as Moneywise previously reported — the company announced its next big move: hiring a new chief financial officer with a $26 million ...
Washington Examiner

Oracle layoffs raise new concerns for VA’s electronic medical records rollout

Oracle’s sweeping layoffs are raising fresh concerns about the Department of Veterans Affairs’s effort to expand its Electronic Health Records system, a massive federal project the company is ...