Oracle last reported an employee count of about 162,000 in May 2025. About 31 percent of those employees were in research and ...

March 5 (Reuters) - Enterprise software company Oracle is planning thousands of job cuts as it faces a cash crunch from a massive AI data center expansion effort, Bloomberg News reported on Thursday.

Oracle’s initial moves as an AI cloud provider drew favour from investors, who boosted the stock 61 per cent in 2024 and 20 per cent last year. However, as the costs increased, the market has soured ...

Oracle Corp. is planning to cut thousands of jobs as part of its efforts to manage a cash crunch stemming from a massive AI data center expansion, Bloomberg reported on Thursday.

Oracle is planning to cut thousands of employees as soon as this month, according to a Bloomberg report, which said the cuts will be “wider-reaching” than the firm’s typical rolling reductions. Some ...

Oracle Corporation is reportedly preparing to reduce its workforce by thousands of employees as the technology giant faces ...

The reductions being planned are expected to be wider-reaching than the company’s typical rolling job cuts, according to the people ...

Did our AI summary help? Oracle is preparing for what could be one of the biggest job cuts in its history as it struggles to fund an ambitious push into artificial intelligence data centres. According ...

Investing.com -- Oracle Corp. is planning to cut thousands of jobs as part of its efforts to manage a cash crunch stemming from a massive AI data center expansion, Bloomberg reported on Thursday.