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Oracle stocks bounced as software shares continued to recover and the company expanded a capacity deal with Bloom Energy.

April 1 (Reuters) - Data center developer Related Digital is closing in on $16 billion of financing for an Oracle data center in Michigan, a source familiar with the matter said on Wednesday. * OpenAI ...

The initial wave of a massive bloodbath at Oracle has begun to show up in public filings — with 700 workers expected to lose ...

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 ...

Oracle laid off some employees on Tuesday, according to two employees and LinkedIn posts. The cuts come as Oracle is trying to cut costs. The company's stock has dropped nearly 30% this year as AI ...

Oracle has begun its largest-ever round of layoffs, with estimates suggesting up to 30,000 jobs could be cut globally—and the severance comes with strings attached. Affected employees will only ...

Recent filings to the California Employment Development Department provide more details about job cuts at major tech ...

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 ...

It was not a phone call. It was not a meeting. For thousands of Oracle employees across the globe, Tuesday morning began with a single email landing in their inboxes just after 6 a.m. EST — and by the ...

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As Oracle has joined the list of Amazon, Meta, Google and Microsoft in cutting thousands of jobs, a corporate recruiter has issued a blunt reminder to employees: loyalty and good performance don’t ...