HISTORICAL FACTS: 11 | History Defined

ORCL Stock Layoffs: What to Know as Oracle Cuts 21,000 Jobs

Summary: Oracle has laid off about 13% of its global workforce over the past fiscal year. Are these job cuts bullish or bearish for ORCL shares’ long-term thesis? Let’s find out!

Barchart · Jun 23

Oracle’s Sell-Off Looks More Like a Mispricing Than a Warning

Oracle is a critical AI infrastructure play with a growing backlog to be recognized over the next two to five years, providing ample upside potential.

MarketBeat · Jun 23

21,000 jobs gone in a year: Oracle becomes the latest tech giant to cut workers due to AI adoption

Oracle, a multinational technology company, is the latest company to offload a large number of its workers as it sets its sights on using AI more in its operations.

Tom’s Guide · Jun 23

Is AI Coming For Your Job? Concerns Mount As Oracle Lays Off Another Batch of 21,000 Employees

Oracle has cut 21,000 jobs globally, attributing the reductions to AI deployment. The company spent £1.36bn on severance and restructuring, highlighting the financial impact of its AI expansion.

International Business Times UK · Jun 23

US waives Iran oil sanctions as part of 60-day peace negotiations

The United States temporarily waived sanctions on Iranian oil exports on Monday, opening the door for Tehran to return to global energy markets as negotiations between the two countries continue. In this edition, we look at the impact this has had on oil prices, while also examining major job cuts…

France 24 · Jun 23

Oracle layoffs 2026: Tech giant's headcount shrinks by 21,000 amid rapid AI adoption

AI adoption has led to a 13% decline in Oracle's total workforce. The company said in its filing that the workforce adjustments were in ​response to various factors, including management and ⁠product changes, performance ‌issues, strategic shifts and acquisitions.

The Economic Times · Jun 23

Oracle Has the Biggest Backlog in the AI Industry. Here’s Why the Stock Is Still Down 49%.

Oracle just surpassed Microsoft in terms of the absolute size of its RPO, but real risks continue to haunt investors.

Barchart · Jun 22

I tested the Ninja AutoBarista Pro — and it’s one of the most ambitious automatic coffee machines I’ve ever tested (but I’m not sure it’s in a good way)

The Ninja AutoBarista Pro is an ambitious automatic coffee machine with espresso, drip, and cold brew functions, but I’m not sure it meets all its marks.

Tom’s Guide · Jun 21

A viral doomsday scenario aims to shake Europe out of its AI complacency

Does a thought-experiment about US ascendancy in the technology say as much about AI jitters as it does about the reality?

The Guardian - UK · Jun 20

Model Eunice Olumide reveals why she's releasing debut album now

Eunice Olumide - who has modelled for Prada and Vivienne Westwood after being scouted at the age of 15 - is gearing up to release her debut album Love Tree under the stage name of Oracle.

BANG Premier · Jun 19