Oracle shed 13% of its workforce while spending $55.7 billion on data centres. Its SEC filing explicitly cites AI adoption as the cause of job losses.

Scouring through corporate communications and broker research isn’t enough Daniel Liberto is a journalist with over 10 years of experience working with publications such as the Financial Times, The ...

The growing use of AI contributed to Oracle laying off 21,000 workers in a year, according to a Securities and Exchange ...

Oracle PeopleSoft servers are being targeted in ongoing data theft attacks by the ShinyHunters extortion gang, which claims to have stolen data from over 100 organizations. PeopleSoft is an enterprise ...

Oracle topped quarterly expectations, but free cash flow is negative, and the company plans to raise more capital for data center projects.

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NAIC has confirmed it was targeted in the recent hacking campaign that exploited an Oracle PeopleSoft zero-day vulnerability.

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Oracle is reportedly moving ahead with one of the largest workforce reductions in its history, with nearly 30,000 employees expected to leave the company by mid-June 2026. The reported layoffs come at ...

Other takeaways from the filing, the company's guidance and a prospectus on its capital needs suggest that Oracle's capex ...