Oracle laid off 30,000 works by email at 6 AM. The same quarter, it posted record revenue and a $553 billion backlog.

Oracle reinstates the CFO role by hiring Hilary Maxson from Schneider Electric as the company reportedly lays off thousands amid a massive AI buildout.

Software giant Oracle has named Hilary Maxson as its new chief financial officer amid thousands of layoffs that sent ...

The cuts come as the software giant invests billions of dollars in expanding its artificial intelligence infrastructure.

Oracle layoffs trigger debate on corporate loyalty as employee’s viral post reflects on 15 years, job loss, purpose, and ...

Oracle reportedly cut thousands of jobs on March 31 to cut costs as its AI projects grow. Oracle stock rose 5% after the news ...

Maxson, 48, will earn a $950,000 base salary and a $2.5 million target bonus as Oracle races to build out AI infrastructure ...

Oracle disclosed plans to slash 654 jobs in the Bay Area after recent reports that the company had emailed termination ...

On April 6, 2026, Oracle Corporation appointed former Schneider Electric finance leader Hilary Maxson as its new Chief ...

As thousands of Oracle employees awoke on Tuesday to an email informing them they were being laid off, the workers likely ...

Oracle has not confirmed how many employees are affected. But investment bank TD Cowen estimates the cuts could total between ...

Officials in Dubai said on Saturday that debris from an intercepted missile had struck Oracle's offices. They called it a ...