Oracle’s 21,000 layoffs help drive its debt-fueled AI investments

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

Laid-off Oracle workers tried to negotiate better severance. Oracle said no.

As was widely reported, Oracle axed an estimated 20,000 to 30,000 people via email on March 31. One of the employees cut that day told TechCrunch about the experience: “I had, like, this weird feeling ...
Seeking Alpha

Oracle initiated with bullish views at Wedbush

Wedbush started coverage on Oracle (ORCL) with an Outperform rating and a $225 price target. Shares of Oracle climbed about 1% premarket on Friday. The analysts believe Oracle is on a path to become a ...
Wall Street Journal

Oracle’s Deluge of AI Debt Pushes Wall Street to the Limit

Oracle’s ORCL0.41%increase; up pointing triangle $300 billion megadeal with OpenAI is testing the limits of Wall Street’s appetite for debt tied to America’s data-center boom. Banks including JPMorgan ...
GitHub

refresh_superset_materialized_views.sql

CREATE INDEX IF NOT EXISTS idx_refresh_log_view_name ON mv_refresh_log(view_name); CREATE INDEX IF NOT EXISTS idx_refresh_log_start_time ON mv_refresh_log(start_time); ...
Reuters

Oracle hires Schneider Electric's Maxson as CFO amid AI spending boom

Maxson says she aims for investment discipline Oracle faces investor concerns over growing spending Oracle shares have dropped about 25% this year April 6 (Reuters) - Oracle (ORCL.N), opens new tab on ...
Business Insider

Debris from an intercepted missile struck Oracle's Dubai office days after Iran threatened US companies in the region

Falling debris from an intercepted missile has damaged the Dubai office of American tech giant Oracle, city officials said on Saturday. "Authorities confirm that they responded to a minor incident ...
CNBC

Oracle cutting thousands in latest layoff round as company continues to ramp AI spending

Oracle is conducting a round of layoffs, two people familiar with the move told CNBC. The layoffs were in the thousands, the people said. The software maker has continued to increase spending on data ...
SFGate

Oracle reportedly blindsides staff with emailed layoffs, more than 150 from Bay Area

LATEST April 2, 3 p.m. More than 150 workers from Oracle’s Pleasanton campus at 5815 Owens Drive will be included in companywide layoffs, according to a WARN notice sent to the California Employment ...
Inc

Why Oracle Is Cutting 30,000 Jobs Despite a Massive $6 Billion Quarterly Income

Oracle is joining a growing wave of tech companies cutting jobs as they pour billions into artificial intelligence. This morning, the company began implementing sweeping layoffs across multiple ...
VentureBeat

Oracle converges the AI data stack to give enterprise agents a single version of truth

Enterprise data teams moving agentic AI into production are hitting a consistent failure point at the data tier. Agents built across a vector store, a relational database, a graph store and a ...
The Motley Fool

The $110 Billion Catalyst That Makes It More Likely Oracle Will Hit Its 700% Cloud Infrastructure Revenue Growth Guidance by 2030

The rally would be short-lived, as AI concerns would affect the entire symbiotic ecosystem. But now, a recent $110 billion catalyst could make Oracle's fiscal year 2030 guidance more likely. After the ...