Oracle cut dozens of software development jobs in the Bay Area amid a mass global restructuring. Here’s what we know.

Oracle operates some of the best AI data centers in the world, but its business faces headwinds.

The cuts come as the software giant invests billions of dollars in expanding its artificial intelligence infrastructure.

Shares of Oracle rose by 2.5% as of noon Tuesday, marking positive traction for the stock that has declined more than 27% ...

Several workers at the Texas-based tech giant expressed the shock of being part of the downsizing on the social media ...

Up to 10,000 employees have been impacted by the decision, which Oracle said was part of a "broader organizational change." ...

Oracle began laying off up to 30,000 employees globally, notifying them via a 6 a.m. email from "Oracle Leadership" with no prior warning from HR or managers.

Oracle Corporation delivered its strongest quarter in 15 years, with Q3 revenue up 22% YoY to $17.2 billion and cloud revenue ...

Oracle Corporation Q3 beat shows 20%+ growth and 531% multicloud DB surge—yet risk/reward stays tough. Click for this ORCL ...

(In March 23 story, corrects headline and paragraphs 1, 4 and 6 to reflect that Oracle introduced agentic apps that work ...

Severance includes 4 weeks base salary plus 1 week per year of employment.

Oracle is laying off thousands of employees as the database giant pours resources into its AI data center buildout.