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ORACLE LAYOFFS LATEST NEWS
Oracle layoffs: What severance will you get if laid off? A look at payouts based on your years at the companyOracle job cuts: Oracle has begun another round of job cuts affecting numerous employees across its divisions. Affected workers discovered ...- Oracle layoffs: Long-serving employees along with strong performance ratings are also among those affected; India layoffs may followOracle has reportedly begun a new wave of layoffs impacting staff throughout the United States. Those affected were shocked to find their j...
- Oracle begins new round of layoffs: Logins stopped by 4 a.m., Slack disconnected by 5:30 a.m., then came the dreaded ‘6 a.m. email’; more job cuts likely in IndiaOn September 14, Oracle commenced yet another wave of considerable layoffs, revealing a stringent approach to workforce management. Notific...
- Larry Ellison cancels plan to sell Oracle stock worth up to $7.5 billionLarry Ellison has scrapped his strategy to unload up to fifty million shares of Oracle. No shares have been sold under this plan, and there...
- For the US news industry, a tough summer draws to a close with McClatchy chain's cutsMcClatchy newspaper chain has implemented significant layoffs affecting over ninety unionized journalists. These cuts impacted seventeen pu...
- Oracle to spend $700 million more on restructuring costs as it ramps up AI spendingIn a bid to enhance its AI capabilities, Oracle has decided to raise restructuring costs by $700 million, making the total amount for its f...
- Oracle rises as AI-fueled backlog growth deflects spending worriesOracle shares rose 3% in early trading after a $26 billion increase in its revenue backlog eased concerns over its debt-funded AI spending....
- Oracle shares rise as AI cloud backlog beats estimatesOracle shares rose significantly after reporting strong quarterly results. The company secured over thirty billion dollars in new AI cloud ...
- UAE revises AI data center plan after Iranian attacks, sources sayIn light of recent attacks linked to Iran, the UAE is re-evaluating its extensive AI data center project. Officials are contemplating distr...
- Oracle earnings show slower cash burn as AI spending starts to pay off; stock jumps 4% after marketOracle’s latest earnings offered investors relief as stronger-than-expected revenue and a smaller cash burn eased concerns over its heavy A...
- Oracle shares rally: Can strong AI demand sustain Oracle’s stock surge?Oracle shares jumped after the company beat quarterly revenue and earnings estimates, while cloud infrastructure revenue more than doubled ...
- Oracle tops estimates as AI demand tempers cash-burn fearsShares of the company, which have slumped more than 21% this year, rose 4% in extended trading after Oracle reported a jump in revenue back...
- AI's left hand begins to take away jobs before its right hand canIn response to soaring chip prices, Samsung India is downsizing its electronics division. The burgeoning demand for specialized chips fuele...
- AI startup Crusoe valued at $30 billion after new fundingSeparately, the startup has signed a five-year cloud contract with trading firm Jane Street Group valued at around $13 billion, Bloomberg ...
- As Uber cuts 3,000 jobs, an ex-employee reaches out to those impacted with referrals, job openings and hopeFormer Uber employee Kim Wilkes offered support to workers affected by the company’s latest layoffs. She said she was willing to make intro...
- Oracle layoffs 2026 September 1 update: US employees ‘watch’ Slack counts after no 6 AM job-cut email — when could layoffs happen?Oracle layoffs 2026: The dreaded 6 am layoff email failed to arrive on September 1, leaving Oracle employees across the US and India watchi...
- Oracle trims 3,000 India roles; Microsoft places 500 on PIPAround 2% of Microsoft India workforce, which translates to about 400-500 people, may be impacted by a global PIP exercise at the company, ...
- Oracle 6 a.m. layoff notice: Will more employees get this letter on September 1 that 30,000 received on March 31 morning?On March 31, Oracle executed a massive layoff, affecting thousands of employees worldwide. Notices were sent through email, indicating that...
- Oracle layoffs September 1: Will employees wake up to another ‘6 a.m. email’ tomorrow after 21,000 jobs were cut as AI spending soars?Oracle layoffs 2026: Employees are reportedly bracing for another round of job cuts after Oracle eliminated around 21,000 positions earlier...
- Oracle layoffs August 2026 update: Which employees are at ‘high risk’ as fresh cuts loom and what could the severance package look like?Oracle layoffs 2026: Oracle layoffs could be back, with some teams reportedly facing double-digit cuts as employees worry about job securit...
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