Oracle, darling of the AI boom, is reportedly laying off around 10,000 people There has been a "significant reduction in force." PC Gamer · Apr 1
Indian-origin US doctor reacts to Oracle layoff, says every single H-1B should be sent back home IT firm Oracle announced a brutal layoff impacting 30,000 employees across the world in a 6am email on March 31. Informing the employees that March 31 was their last working day, the email said the elimination of the role was a part of a broader organizational change. The major layoff… The Times of India · Apr 1
U.S. Firms Continue To Slash Jobs Amid Record AI Spending And Mega-Deals Companies such as Oracle and Meta are laying off thousands of employees while simultaneously investing heavily in AI projects and participating in record-breaking mergers and acquisitions. International Business Times · Apr 1
Oracle believed to have cut 10,000 positions across multiple divisions as mass layoffs begin to fuel AI investments — company is reportedly reducing headcount to fund data centers Oracle reportedly cut over 10,000 positions based on reports from various employees. The move comes after the company has spent billions of dollars on AI infrastructure, with some saying that it will be in the red until 2030 after all this spending. Tom’s Hardware · Apr 1
US tech firm Oracle cuts thousands of jobs as it steps up AI spending Company chaired by Trump ally Larry Ellison seeks to reassure investors that bet on AI infrastructure will pay off The Guardian - UK · Apr 1
Oracle Fires 30,000 With a Cold 6 a.m. Email: Here's What It Said That Devastated Teams The impact of Oracle's global layoff of 30,000 employees is linked to its AI expansion and financial strategies. Learn how this decision affects workers and the company's future. International Business Times UK · Apr 1
Oracle Layoffs Spark Outrage After Pregnant Employee Let Go via Email Oracle’s recent wave of workforce reductions has triggered widespread discussion online, with personal stories highlighting the human cost behind the layoffs. Among them, one particularly striking case has drawn attention on social media—a software engineer, 30 weeks pregnant, who was reportedly laid off through an early morning email. Whats Hot · Apr 1
Oracle Layoffs Hit Staff Worldwide as AI Push Drives Immediate Job Cuts Oracle initiates global layoffs, cutting hundreds of jobs to boost AI infrastructure investment. Discover the impact on market performance and industry trends. International Business Times UK · Apr 1
Why Oracle Is Trending: Massive Layoffs, Market Pressure, and AI Shift Oracle, one of the world’s leading technology giants known for its database software and cloud services, has recently found itself at the center of global attention. However, this surge in visibility is not driven by a breakthrough innovation or product launch—it stems from a major restructuring move that has sent… Whats Hot · Apr 1
Oracle lays off up to 30,000 staff with 6am email Laid off workers were informed of their job status in early morning email The Independent UK · Apr 1
Is Oracle the First of the AI Bubbles to Pop? Oracle’s 60% drop may look like the AI hype is unwinding, but bullish analyst sentiment suggest the selloff may have gone too far. MarketBeat · Mar 28
Trump appoints Nvidia's Jensen Huang, AMD's Lisa Su, Meta's Mark Zuckerberg, and more to science and technology advisory committee Comprised of 'distinguished individuals and representatives from sectors outside of the Federal Government appointed by the President.' PC Gamer · Mar 26
Trump is remaking the US media in his own image – and smashing accountability with it This is the point of absurdity we have reached: on March 15, US President Donald Trump, in a Truth Social post, asserted that American news organisations were running AI-generated Iranian propaganda, and should be charged with treason for the dissemination of false information. One of the instances he cited was… The Conversation · Mar 25
Fortune · Mar 25 Trump names Zuckerberg, Huang, Ellison to tech council—but no Musk, no Altman Trump’s new tech council brings in Silicon Valley heavyweights—but excludes key players shaping the AI race.
Barchart · Mar 25 Bank of America Says Oracle Stock Can Gain More Than 30% from Here. Why? Bank of America reinstated coverage of ORCL with a $200 price target.
TechRadar · Mar 24 Oracle is revamping how businesses procure AI agents — leave the invoices to AI while you handle the negotiations Oracle has just added 22 new Fusion Agentic Applications to help finance, HR, supply chain and customer experience leaders.
TechRadar · Mar 24 ‘AI is not here to replace expertise, it's here to elevate’: Oracle CEO says the best still to come when it comes to agentic innovation Oracle CEO outlines his company’s ongoing plan to build “the world's largest AI cloud”.
Barchart · Mar 20 Trading the Saas Apocalypse: Why Are Some Cloud Computing Stocks Bottoming While Others Remain in Freefall? These 2 diverging cloud computing ETFs paint a stark picture of the ongoing software apocalypse.
Barchart · Mar 19 The Bears Are Losing the Battle Over Oracle, According to This Analyst. Should You Buy the Dip in ORCL Stock Here? Oracle’s latest quarter did more than beat expectations—it gave bulls fresh evidence that the company’s AI-driven expansion may be more durable, and more self-funded, than skeptics assumed.
Axios · Mar 18 New questions arise over TikTok sale The $10 billion "fee" is unprecedented. And officially undisclosed.
Fortune · Mar 18 "A bend in the trajectory": U.S. data center development has hit snags because the power grid is approaching its limits to support them An energy bottleneck is threatening Big Tech's massive data center ambitions, and it means those companies may need to break their huge capital expenditure promises.
MarketBeat · Mar 17 Why Credo and Astera Soared After Oracle and Broadcom's Earnings See why the earnings reports of artificial intelligence giants Oracle and Broadcom led CRDO and ALAB to gain in response.
Fortune · Mar 17 Benchmark's Bill Gurley: the AI bubble is about to burst—and a reset is coming "One day, I just think we trip and run out of money," the legendary venture capitalist said. "I do think that moment stands in front of us."
Barchart · Mar 17 As Oracle Reveals Higher Restructuring Costs, Should You Still Buy ORCL Stock or Stay Far Away? Oracle will expend $500 million more than its initial estimates on restructuring.