Oracle is considering workforce cuts and selling Cerner to alleviate financial pressure, warns investment bank TD Cowen.

Oracle may cut 20,000-30,000 jobs and sell Cerner as US banks pull back from AI data centre financing, reports CIO citing TD Cowen research.

Over the past few weeks, several US banks have pulled off from lending to Oracle for expanding its AI data centres, as per a ...

Oracle faces massive job cuts, potentially 20,000-30,000, to fund its costly $300 billion OpenAI partnership. The tech giant ...

Oracle is reportedly planning layoffs of up to 30,000 employees as it faces funding pressure to expand AI data centres, with ...

In yet another wave of layoffs, Oracle is reportedly planning to cut around 30,000 jobs. According to the reports, the ...

Cerner, though acquired in 2022, is nothing to multibillion black hole Oracle could cut up to 30,000 jobs and sell health ...

Overview Oracle shares fell nearly 1% as reports of large job cuts worried investors.Funding stress around AI data centres raised doubts over Oracle’s expansion ...

Oracle may cut up to 30,000 jobs as it looks to fund aggressive AI data centre expansion and manage mounting cloud ...

Oracle is reportedly planning to cut up to 30,000 jobs as banks reduce funding for expensive AI data centre projects. This ...

Oracle Corp. predicted that a massive data center it’s developing for OpenAI in New Mexico will create more jobs than ...

As US banks retreat from AI data-centre financing, Oracle is considering cutting up to 30,000 jobs and selling Cerner to ease mounting financial pressure, TD Cowen says.