Allbirds sells its footwear brand and pivots to AI cloud services as NewBird AI, sending shares soaring despite no prior ...

Maxson says she aims for investment discipline Oracle faces investor concerns over growing spending Oracle shares have dropped about 25% this year April 6 (Reuters) - Oracle (ORCL.N), opens new tab on ...

Oracle is cutting up to 12,000 jobs in India as it pivots to AI, with layoffs impacting nearly a quarter of its largest global workforce hub.

Oracle is undertaking one of the most profound strategic shifts in the technology sector. To fund billions in new artificial intelligence data centers, the software giant is eliminating nearly ...

Oracle on Tuesday reportedly began notifying employees that it is moving forward with a round of layoffs as the company looks to reduce costs. The number of layoffs is in the thousands, according to a ...

Oracle added its name to the list of tech companies doing layoffs along with Meta, Amazon, and Block. The move comes as Oracle expects to spend $50 billion on capital expenditures this year. Stocks ...

Major Bay Area tech company Oracle announced mass layoffs Tuesday, notifying fired employees in an email at 6 a.m.. The message from one of the world’s largest software companies, chaired by ...

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 Corp. has begun layoffs that could affect thousands of employees to cut costs amid heavy debt-funded spending on artificial intelligence infrastructure. The Austin-based cloud computing company ...

Oracle added its name to the list of tech companies doing layoffs along with Meta, Amazon, and Block. The move comes as Oracle expects to spend $50 billion on capital expenditures this year. Stocks ...

Oracle (NYSE: ORCL) became the latest tech company to issue mass layoffs this morning. The legacy tech giant that's currently in the middle of a massive AI infrastructure build-out sent emails to ...