Unconfirmed reports suggest Oracle may be planning large scale layoffs that could affect up to 30,000 employees. The reported process is said to involve AI driven and algorithmic decision making in ...

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The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 16 major stocks, including Oracle Corp. (ORCL), Costco Wholesale ...

In my last post I referenced a Computer Economics report entitled: Go-Forward Strategies for Oracle Application Customers. The report is now live (paywall) and it is worth noting some highlights. The ...

Oracle's (NYSE:ORCL) internal documents showed that the fast-growing cloud business has thin gross profit margins in the past year or so, lower than what many equity analysts have forecast, The ...

March 5 (Reuters) – Enterprise software company Oracle is planning thousands of job cuts as it faces a cash crunch from a massive AI data center expansion effort, Bloomberg News reported on Thursday.

Oracle reported an earnings beat in its quarterly results. However, revenue came in a bit light of expectations. The company's cloud services and license support segment, its largest business, saw a ...

The layoffs have mostly hit the customer experience group and are part of a planned exercise to cut around $1 billion in expenditures according to reports from The Information and Bloomberg. Oracle ...