Forbes

Oracle Lays Off 30,000 As AI Spending Surges

This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. Oracle Fired 30,000 People by Email. The Same Quarter, It Posted Record Revenue and a $553 ...
The Financial Express

Oracle doesn’t write code, our AI models do: Co-founder Larry Ellison on his company’s mass layoffs plan

Oracle co-founder and chairman Larry Ellison has ignited a fierce online debate with his bold statement on AI now writing much of the company’s code, which leads to a lesser demand for traditional ...
The Guardian

US tech firm Oracle cuts thousands of jobs as it steps up AI spending

Company chaired by Trump ally Larry Ellison seeks to reassure investors that bet on AI infrastructure will pay off Oracle is cutting thousands of jobs as the US technology company seeks to reassure ...
The Financial Express

Oracle lays off 12,000 software engineers from India’s cloud computing business, second wave anticipated in a month

US-based IT firm Oracle has reportedly laid off around 12,000 employees in India, a PTI report said citing employees impacted by the same. They also said that another round of job cuts could take ...
UPI

Several companies bid for Home Plus Express grocery chain

SEOUL, April 1 (UPI) --South Korean discount chain Home Plus said Tuesday that a court has begun to review the sale of its neighborhood grocery store chain, Home Plus Express. Home Plus, which is ...
The New Indian Express

Oracle layoffs hit India as thousands cut in global workforce reduction

BENGALURU: US-based IT giant Oracle has begun a major round of layoffs that has now reached India, with an estimated 2,000 to 2,500 employees reportedly affected as part of a wider global workforce ...
Los Angeles Times

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

This is read by an automated voice. Please report any issues or inconsistencies here. Software giant Oracle on Tuesday started laying off workers as it looks to rein in costs and double down on ...
Business Insider

Here's the severance package Oracle offered laid-off US employees

Oracle is offering up to 26 weeks of severance for laid-off US employees. Affected Oracle employees were notified of layoffs via email early Tuesday morning. Severance includes 4 weeks' base salary ...
New York Post

Bloodbath at Oracle as staff stunned by brutal 6 a.m. layoffs email

Major Bay Area tech company Oracle announced mass layoffs Tuesday, notifying fired employees in an email at 6 a.m.. The message from one of the world’s largest software companies, chaired by ...
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, ...
The Next Web

Oracle is cutting up to 30,000 employees to pay for AI data centres

Employees across the US, India, Canada, and Mexico woke up on 31 March to termination emails from “Oracle Leadership” with no prior warning. TD Cowen estimates the cuts will affect 18% of Oracle’s 162 ...
Business Insider

Oracle lays off employees as it curbs costs during AI buildout

Oracle laid off some employees on Tuesday, according to two employees and LinkedIn posts. The cuts come as Oracle is trying to cut costs. The company's stock has dropped nearly 30% this year as AI ...