The cuts come as the software giant invests billions of dollars in expanding its artificial intelligence infrastructure.

Oracle is reportedly moving forward with layoffs as the software giant looks to restructure its workforce amid an investment ...

Oracle Corp. on Monday promoted Clay Magouyrk and Mike Sicilia to become co-chief executive officers, signaling the company’s focus on its rapidly expanding cloud computing business. The 39-year-old ...

Oracle is cutting staff as the company seeks to curb cost while it invest in AI infrastructure.

Oracle is bowing out of the advertising business. CEO Safra Catz said advertising revenue fell to around $300 million in fiscal 2024 during a call with investors discussing the company’s most recent ...

Oracle has reportedly cut jobs globally as it invests heavily in AI, with estimates suggesting thousands of roles could be ...

Oracle's decision to shut down its advertising business, despite its substantial revenue contributions, reflects broader challenges within the digital advertising sector. The move — due in part to ...