Network World

Oracle may slash up to 30,000 jobs to fund AI data-center expansion as US banks retreat

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

Oracle may lay off up to 30,000 employees, and one of the Big reasons is the company's 'commitment' to Sam Altman's OpenAI for…

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

Oracle tightens its belt, cutting hundreds of Bay Area roles amid cloud and AI reset

Oracle cuts more than 250 Bay Area jobs as cloud and AI cost pressures rise San Francisco Bay Area — Oracle is cutting more ...

Banker claims Oracle may slash up to 30,000 jobs, sell health unit to pay for AI build-out

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

Oracle could cut thousands of jobs - AI spending raises financing concerns

Oracle could cut as many as 30,000 jobs and sell off major assets as it grapples with the ongoing cost of expanding its AI ...
The Business Journals

Oracle's backlog goes berserk as job cuts hit across U.S.

Oracle has cut jobs recently in Silicon Valley and elsewhere. From the Nashville Business Journal: Oracle Corp. is laying off workers worldwide as it also reports a record, AI-fueled surge in its ...
newscase

Oracle Faces Investor Anxiety Over Potential Deep Cost-Cutting Measures

Mounting pressure to finance its ambitious artificial intelligence expansion is pushing Oracle toward potentially severe ...

Why Oracle employees are 'refusing' to move to the company's Nashville office despite that founder Larry Ellison calls 'center of Oracle's future'

Oracle faces employee reluctance to relocate to its new Nashville 'world HQ' due to concerns over lower salary ceilings ...