Just days after firing 30,000 employees globally, reportedly due to AI-driven cost-cutting, Oracle has appointed Hilary Maxson as its new Chief Financial Officer (CFO) with a massive pay day. While 12 ...

Software giant Oracle has named Hilary Maxson as its new chief financial officer amid thousands of layoffs that sent shockwaves through the company. Maxson, 48, formerly of Schneider Electric, assumes ...

In July 2025, Oracle and OpenAI formalised what is arguably the largest cloud computing deal in history. OpenAI committed to spending $300 billion on Oracle's infrastructure over roughly five years, ...

Oracle disclosed plans to slash 654 jobs in the Bay Area after recent reports that the company had emailed termination notices to potentially thousands of employees worldwide. Related Articles San ...

The 6am layoff emails caught thousands of Oracle employees off guard. But the warning was hiding in plain sight. Oracle's Q3 FY2026 earnings release, filed on March 10—the same week termination ...

Iran’s Islamic Revolutionary Guard Corps (IRGC) claims it has targeted an Oracle data center in Dubai, United Arab Emirates, according to Iranian state media. The alleged strike comes only two days ...

News that an estimated 30,000 employees are losing their jobs at Oracle comes at a time when the company is claiming to have $533bn in orders to fulfil. As of May 2025, Oracle had a workforce of ...

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Related Digital is finalizing $16 billion of financing for a giant Oracle Corp. data center, after months of stop-and-start negotiations with investors. The developer has been rounding up cash to ...

The uniform wording of the email highlighted the impersonal nature of the company’s large-scale workforce reduction. Oracle has reportedly laid off approximately 30,000 employees across the globe, ...

US-based IT firm Oracle has reportedly laid off around 12,000 employees in India, a PTI report said citing employees impacted by the same. They also said that another round of job cuts could take ...