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

Oracle added its name to the list of tech companies doing layoffs along with Meta, Amazon, and Block. The move comes as Oracle expects to spend $50 billion on capital expenditures this year. Stocks ...

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The SaaS tech giant has been under pressure to cut costs to fund its large AI data center buildout, while also pivoting to become a cloud computing provider. Another round of layoffs has hit the tech ...

Oracle is conducting a round of layoffs, two people familiar with the move told CNBC. The layoffs were in the thousands, the people said. The software maker has continued to increase spending on data ...

Oracle has cut about 10,000 jobs in India, sources familiar with the matter told ET, as part of the global cloud computing major’s worldwide restructuring exercise that has reportedly hit 30,000 ...

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Recent filings to the California Employment Development Department provide more details about job cuts at major tech ...