Oracle leads record widening in hyperscaler CDS spreads

Oracle’s CDS spreads hit record highs as Oracle widens sharply vs Meta, Amazon, Google & Microsoft—signaling rising credit ...
Ars Technica

Oracle’s 21,000 layoffs help drive its debt-fueled AI investments

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. In its annual regulatory filing for the fiscal year ...
CIO

Oracle wades into outcome-based AI billing waters

The pilot program discussed during the analyst call is viewed as a sound move because ‘token pricing is a dreadful language for enterprise budgeting,’ says an analyst. Cloud revenues are booming, as ...
Washington Technology

Oracle wins $396M federal HR systems overhaul contract

The Office of Personnel Management is using the contract to consolidate more than 100 systems into a single platform covering 2 million federal employees. The Office of Personnel Management is ...
Investopedia

Oracle's Stock Has Pulled Back Lately. These Analysts Are Growing More Bullish Anyway

Aaron McDade is a breaking news reporter for Investopedia. He is an experienced journalist who has covered everything from the latest in business and tech news to sports and international news like ...
techtimes

Oracle’s 30,000 Layoffs Enter Final Phase: Sign the Release or Forfeit Severance

The largest workforce reduction in Oracle's 49-year history crossed a legal threshold today, June 1, as the first cohort of U.S. employees reached their official last working day under the federal ...
Seeking Alpha

Oracle: The Easy Short Is Gone (Rating Upgrade)

Oracle faces unresolved structural issues, notably uncertainty around RPO backlog convertibility and a deteriorating balance sheet, despite a significant stock price correction. AI server gross ...
Time

'Everyone’s a Line On a Spreadsheet:' Inside Oracle’s Mass Layoffs and the Workers Fighting Back

Follow this author to personalize your feed and get instant alerts. WHY FOLLOW? Update your preferences in Account Settings Correspondent Oracle chairman and CTO Larry Ellison at the White House in ...
Inc

Why Oracle Is Cutting 30,000 Jobs Despite a Massive $6 Billion Quarterly Income

Oracle is joining a growing wave of tech companies cutting jobs as they pour billions into artificial intelligence. This morning, the company began implementing sweeping layoffs across multiple ...
Reuters

Oracle begins layoffs affecting thousands, CNBC reports

March 31 (Reuters) - Cloud computing firm Oracle (ORCL.N), opens new tab is laying off thousands of employees, CNBC reported on Tuesday, citing two people familiar with the matter. Late on Tuesday, ...
Austin American-Statesman

Oracle layoffs reported as company pushes deeper into AI

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 ...