Oracle begins layoffs affecting thousands, CNBC reports

March 31 (Reuters) - Cloud computing firm Oracle is laying off thousands of employees, CNBC reported on Tuesday, citing two ...

Oracle lays off thousands in latest sign of tough times for tech industry

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

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

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

Oracle cutting thousands in latest layoff round as company continues to ramp AI spending

Oracle has ratcheted up its capital expenditures as it builds data center infrastructure that can handle AI workloads.
Rolling Out

Oracle slashes 30,000 jobs with a cold 6 a.m. email

Oracle began laying off up to 30,000 employees globally, notifying them via a 6 a.m. email from "Oracle Leadership" with no prior warning from HR or managers.

Oracle converges the AI data stack to give enterprise agents a single version of truth

Matt Kimball, vice president and principal analyst at Moor Insights and Strategy, told VentureBeat the data layer is where ...

Veritone targets up to $145M in 2026 revenue with Oracle partnership and expanded data access

Zemetra projected fiscal 2026 revenue to be between $130 million to $145 million, stating, "which at the midpoint represents a 47% increase year-over-year from the low end of our 2025 preliminary ...