Oracle's recent surge is driven by its $300B AI infrastructure deal with OpenAI, but significant funding risks cloud future ...
Oracle raised $18 billion in a debt offering that was upsized from an earlier $15 billion target due to strong demand, said a person familiar with the deal. The offering includes bonds maturing as far ...
Oracle on Monday named insiders Clay Magouyrk and Mike Sicilia as co-CEOs, replacing Safra Catz, who was instrumental in ...
Oracle is laying off more workers in Washington state. The cloud and database giant is laying off 101 employees in Seattle, according to a new filing with the Washington state Employment Security ...
Oracle Stock Gains After Naming Pair Of CEOs. Why Wall Street's Not Sweating The Transition.
AS THAT STORM GETS CLOSER. NOW TO OUR BREAKING NEWS FROM ONE OF KANSAS CITY’S TOP EMPLOYERS. ORACLE IS LAYING OFF MORE PEOPLE. KMBC NINE INVESTIGATES HAS CONFIRMED MULTIPLE LAYOFFS AT ORACLE TODAY, ...
The two new CEOs, Clay Magouyrk and Mike Sicilia, bring decades of experience across AI, cloud infrastructure, ...
Oracle has initiated a new wave of global layoffs, impacting thousands of employees across the US, India, Philippines, Canada, and Europe. The cuts extend beyond Oracle Cloud Infrastructure to include ...
KANSAS CITY, Mo. (KCTV) - Oracle notified hundreds of employees of layoffs over the past month. Those layoffs are now hitting Kansas City according to several people KCTV5 spoke with Thursday. The ...
An unspecified number of Oracle employees reportedly received layoff letters on Sept. 2, including many who came to the company with its 2021 acquisition of Cerner. A number of Oracle employees based ...
Layoffs at Oracle have continued into their second month. DCD was first to report significant job cuts in August, which primarily impacted Oracle Cloud Infrastructure (OCI) teams. The second round of ...
To supplement our financial results presented on a GAAP basis, we use the non-GAAP measures indicated in the tables, which exclude certain business combination accounting entries and expenses related ...