Oracle Cloud Infrastructure

Oracle Cuts 21,000 Jobs

Oracle Cuts 21,000 Jobs as It Rebuilds Around AI

Oracle cut about 21,000 jobs globally over the past year as it reshaped its business around AI and cloud infrastructure.

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Oracle Has Cut More Than 20,000 Jobs This Past Year as Big Tech Reshapes Its Workforce

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Oracle Sheds 21,000 Jobs

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Oracle layoffs: 21,000 employees let go in 12 months, company says AI replaced some roles

Oracle Corp. reduced its workforce by 21,000 employees in the past 12 months, a wider scale than previously known, including those whose jobs were eliminated by the use of artificial intelligence.

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Oracle layoffs: Company 'confirms' how many employees received email from 'Oracle Leadership' at 6AM, saying that "We have made the decision to eliminate your role as…"

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Oracle workforce shrinks by about 21,000 employees amid AI adoption

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Oracle Cuts 21,000 Jobs In A Year, Says AI Adoption Contributed To Workforce Reduction

The workforce reduction resulted in restructuring costs of about $1.8 billion, it added.

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Oracle cut 21,000 jobs because of AI.

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Tech giant Oracle cuts 21,000 jobs as it embraces AI

Oracle’s 21,000 layoffs help drive its debt-fueled AI investments

The growing use of AI contributed to Oracle laying off 21,000 workers in a year, according to a Securities and Exchange Commission filing on Monday.

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Can Oracle Reach $800 Per Share by 2030? Here’s How It Can Happen

Oracle (NYSE:ORCL | ORCL Price Prediction) just reported its biggest quarter ever. Q4 FY2026 revenue hit $19.18B, cloud infrastructure ran +93% YoY, and remaining performance obligations exploded to $638 billion.

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Oracle denies report that security concerns killed potential $3 billion Microsoft cloud deal

Negotiations between Microsoft Corp. MSFT and Oracle Corp. ORCL regarding the leasing of Oracle’s cloud infrastructure reportedly came to a halt due to security and compliance issues. The objective was to transfer some of Microsoft’s workloads to Oracle’s Cloud Infrastructure.

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Now we know how much Oracle shrank its staff in the past year — and how much it cost

Oracle carried out layoffs in March. A new filing shows how much smaller the workforce is compared to this time last year.

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Tech Compression Dragged Oracle Stock to $175, but Its Unbelievable $638 Billion AI Backlog Makes It an Automatic Buy

Oracle (NYSE:ORCL | ORCL Price Prediction) at $175 looks compelling on the data. The stock has been pulled into the broader software compression trade even as its Q4 report revealed a $638 billion AI backlog that locks in years of forward revenue.

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SAP stock tumbles 3%: why Oracle's AI capex surge is hitting software shares

Oracle shares dropped about 9% after its earnings call, while SAP slid more than 3% in early US trading. The trigger was Oracle earnings where the company said capital expenditure could reach as much as $95 billion in fiscal 2027, far above the $67.7 billion analysts had expected.

Morning Overview on MSN

OpenAI struck a deal to run its models and Codex tool across Oracle’s cloud

OpenAI has agreed to deploy its AI models and its Codex coding assistant across Oracle’s cloud infrastructure, a deal that gives the San Francisco-based AI company additional compute capacity beyond its existing providers.

Microsoft walked away from a $3 billion deal to lease Oracle cloud capacity over security concerns

Microsoft was recently in talks with Oracle for cloud infrastructure, but sources say the deal fell through over security and compliance concerns.

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Why I Can’t Stop Buying This $553 Billion AI Infrastructure Gatekeeper

Oracle has been my focus this month, and the recent selloff has only sharpened that focus. The stock has dropped 29.45% since June 1, the financial press is hyperventilating about cash burn, and my cost basis keeps falling while my conviction keeps rising.

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Oracle says details in report of failed Microsoft cloud deal talks 'inaccurate'

June 16 (Reuters) - Oracle said on Tuesday that details in a Business Insider report on the collapse of its discussions with Microsoft over a potential leasing deal were inaccurate. The report had said that Microsoft's discussions with Oracle regarding a cloud infrastructure leasing deal have fallen apart due to security and compliance concerns.