Oracle stock has worst week since 2001 dot-com bust as AI financing concerns escalate

Oracle's stock fell 19% this week, the steepest drop since August 2001, the depths of the dot-com bust. The company's capital ...

Oracle Targets AI Security With Database-First Protection Strategy

Oracle expands its AI database security strategy with new data protection, patching, and cyber resilience tools to help ...
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Oracle cut 21,000 jobs this year and its SEC filing explicitly blames AI

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.

Jobs bloodbath at Oracle as 21,000 staff let go amid huge strategy pivot

Oracle has quietly axed 21,000 workers in a massive jobs bloodbath as it pours billions into artificial intelligence, all ...

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 ...

Oracle layoffs: 21,000 jobs cut, software giant trades human talent for AI tech amid the SaaSpocalypse

Oracle has decreased its workforce by tens of thousands in the past year while spending $70 billion to fund its AI expansion.

Oracle laid off 21,000 employees over the past year, citing AI as one of the reasons

The company says its AI adoption and deployment may result in further reductions.

Now we know how much Oracle shrank its staff in the past year — and how much it cost

Oracle carried out layoffs in March. A new filing shows how much smaller the workforce is compared to this time last year.