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Oracle is considering laying off about 20,000 to 30,000 employees. The multinational company is even mulling to sell off some of its activities, since banks in the US have pulled back from financing ...
Oracle may eliminate 30,000 jobs to free billions in cash as it accelerates an expensive, high-stakes AI infrastructure push. Oracle could soon face one of the most significant workforce reductions in ...
US-based technology giant, Oracle Corp., is looking to raise between $45 billion and $50 billion in the year 2026, in an effort to build additional capacity for its cloud infrastructure investment ...
Oracle (ORCL-N) gained 2 per cent on Monday after Wall Street analysts said the software company’s US$50-billion fundraising ‍plan allays worries over its ability to finance a massive data-centre ...
Feb 2 : Oracle shares gained 2 per cent on Monday after Wall Street analysts said the software company's $50 billion fundraising plan allays worries over its ability to finance a massive data-center ...
The news follows reports of Amazon laying off 16,000 employees as part of its AI restructure plan. Follow Us Trending Photos Mumbai: US tech giant Oracle is planning to cut 20,000 to 30,000 jobs and ...
Oracle is reportedly preparing to cut between 20,000 and 30,000 jobs and could even sell its healthcare software unit, Cerner, as rising borrowing costs and a funding crunch threaten its massive AI ...
Oracle’s remaining performance obligations surged to $523B. This represents roughly 8.5 times annual revenue. Oracle’s trailing free cash flow turned negative at $13B as capital expenditures soared ...
Oracle (ORCL) on Sunday said it expects to raise $45B to $50B in 2026 to build additional capacity for its cloud infrastructure business. Shares in the software company rebounded to gain 4% after ...
Oracle shares fell premarket after the cloud-services giant announced plans to raise up to $50 billion this year to fund its artificial-intelligence infrastructure buildout. Shares declined more than ...