Oracle layoffs: Budget squeeze hits workforce; Cerner healthcare unit among worst affected

Moneycontrol spoke to several Oracle employees across the country, who said teams were asked to meet specific budget cuts ...

Wedbush’s Ives: Palantir, Oracle, Microsoft to dominate defense AI integration

Dan Ives of Wedbush Securities has been one of the loudest voices calling defense AI a generational spending cycle, and his ...
NewsBytes

Oracle cuts about 30,000 jobs amid AI data center expansion

Oracle's aggressive investment in AI infrastructure is causing financial pressure, leading to the largest layoffs in its ...
24/7 Wall St

Oracle Plunges 12% Despite Earnings Beat as $50 Billion Spending Plan Stuns Investors

Oracle’s $2.26 EPS beat relied on a $2.7B one-time gain. Core earnings missed at $1.33 versus $1.64 expected. CapEx guidance jumped $15B to $50B for fiscal 2026. Free cash flow burned $10B for the ...

How Oracle’s Massive AI Expansion Triggered Cash Crunch And Layoffs

Oracle plans 30,000 layoffs as AI expansion drives costs, debt, and financial strain. Here’s what’s behind the tech giant’s ...
Nasdaq

Breaking Down Oracle, the AI Trade, and the Outlook for Tech Earnings

Oracle’s ORCL relationship with OpenAI has become a never-ending source of market angst, as the tie-in reminds many of questionable vendor-financing practices from the late 1990s. Tied to Oracle’s ...