Oracle has cut over 10,000 jobs as it manages debt and spending tied to a $300 billion OpenAI cloud deal, with layoffs ...

Hilary Maxson has been named Oracle's CFO, effective immediately, after the company laid off nearly thousands of employees.

Oracle ($ORCL) said Monday it has appointed Hilary Maxson as chief financial officer, effective immediately, as demand for AI computing and cloud databases continues to outpace available capacity and ...

Cloud computing company Oracle is laying off thousands of employees, CNBC reported today, citing two people familiar with the matter.

Oracle plans to raise between $45 billion and $50 billion this year as it looks to fund its huge bet on cloud computing to power artificial intelligence. About half of that will be in debt, which will ...

Oracle’s global layoffs are being viewed not as a sign of weakness but as a strategic move to free up cash for AI expansion, ...

Billionaire Larry Ellison's Oracle sent layoff emails to employees worldwide at 6 a.m. Tuesday, with some analysts estimating ...

Oracle on Monday named Hilary Maxson as its chief financial officer, tapping an executive with deep experience in ...

Oracle announced it is laying off nearly 500 employees based in Washington.

In the high-stakes world of cloud computing, Amazon.com AMZN and Oracle ORCL represent contrasting approaches to capturing the explosive growth in artificial intelligence and enterprise computing.

Oracle stock peaked at around $328 last September, and it has since plummeted by 57%. By one widely used valuation metric, ...