Oracle ended its fiscal third quarter with $553 billion in remaining purchase obligations -- up 325% year over year.

Oracle Corporation's (ORCL) record $553 billion backlog and OCI's robust 44% growth rate provide clear revenue visibility for ...

Mass layoffs for tech companies are on the horizon, due to the huge capex for A.I. development and new data centers.

ORCL, is reportedly preparing layoffs of 20,000 to 30,000 employees, or up to 18% of its workforce. The cuts are linked to cost savings and heavy capital spending on AI focused data centers and ...

The Oracle Headquarters on April 24, 2024 in Austin, Texas. Oracle Chairman Larry Ellison has announced that the company will be relocating its world headquarters to Nashville, Tennessee. The move ...

Oracle is reportedly weighing cuts of up to 30,000 employees to fund AI data center expansion. Here's what HR leaders need to watch.

Oracle predicted on Tuesday that the AI boom would power its revenue for several quarters to ​come, sending its shares up 10% on Wednesday ...

Oracle now sees fiscal 2026 restructuring expenses of $2.1 billion, an SEC filing shows. ・The cloud company laid off over 3,000 workers in August-September 2025. ・ORCL stock rose 9.2% on Wednesday ...

Oracle has stepped up preparations to cut jobs over the coming months, as it credits AI with driving efficiencies in its team and conserves cash to fund its costly push into data centres. The database ...

Oracle beats Q3 revenue forecasts, uses AI to boost productivity, restructures teams, and plans job cuts while expanding ...

Amid rapid AI-driven restructuring, major tech companies including Meta, Oracle to Amazon have collectively cut more than ...

Recent tensions in the tech industry have emerged as investor Michael Burry accused NVIDIA of preventing Advanced Micro ...