Oracle carried out layoffs in March. A new filing shows how much smaller the workforce is compared to this time last year.
Oracle cut about 21,000 jobs in fiscal 2026 as it restructures around AI and cloud infrastructure, raising questions for enterprise buyers.
The growing use of AI contributed to Oracle laying off 21,000 workers in a year, according to a Securities and Exchange Commission filing on Monday.
Oracle has decreased its workforce by tens of thousands in the past year while spending $70 billion to fund its AI expansion.
"The adoption and deployment of AI technologies across our operations have resulted, and may continue to result, in ...
The company says its AI adoption and deployment may result in further reductions.
Part of the market's concern seems to center on what all of this growth costs. Oracle said it plans to raise about $40 billion in fiscal 2027 to help fund its artificial intelligence (AI) data center ...
To say Oracle reported record results might be an understatement, as the company used the word "record" 20 times in its quarterly financial report. For its fiscal 2026 fourth quarter (ended May 31), ...
Oracle topped quarterly expectations, but free cash flow is negative, and the company plans to raise more capital for data center projects.
Oracle's earnings had an opportunity to turn around the recent malaise with tech stocks. Instead, it announced it would raise more money, adding to worries.
Traditional database systems like Oracle, PostgreSQL, MySQL and MSSQL run on a symmetric multiprocessing architecture (SMP). SMP is a share-everything architecture. Multiple processors of equal ...
Another year passes. I was hoping to write more articles instead of just these end-of-the-year screeds, but I almost died in the spring semester, and it sucked up my time. Nevertheless, I will go ...