Oracle may take drastic cost-cutting steps to improve cash flow stress, according to CIO, citing TD Cowen’s assessment. In ...
Oracle faces massive job cuts, potentially 20,000-30,000, to fund its costly $300 billion OpenAI partnership. The tech giant ...
Oracle may cut 20,000-30,000 jobs and sell Cerner as US banks pull back from AI data centre financing, reports CIO citing TD Cowen research.
Cerner, though acquired in 2022, is nothing to multibillion black hole Oracle could cut up to 30,000 jobs and sell health ...
In yet another wave of layoffs, Oracle is reportedly planning to cut around 30,000 jobs. According to the reports, the ...
Oracle is reportedly planning layoffs of up to 30,000 employees as it faces funding pressure to expand AI data centres, with ...
Oracle is experiencing higher borrowing costs and a pullback from US banks as it attempts to finance its large data centre ...
Oracle is considering workforce cuts and selling Cerner to alleviate financial pressure, warns investment bank TD Cowen.
Overview Oracle shares fell nearly 1% as reports of large job cuts worried investors.Funding stress around AI data centres raised doubts over Oracle’s expansion ...
Oracle reportedly plans to cut 20,000 to 30,000 jobs globally to focus on AI data centres. Here's who gets impacted by the ...
Oracle Corp. predicted that a massive data center it’s developing for OpenAI in New Mexico will create more jobs than ...