The growing use of AI contributed to Oracle laying off 21,000 workers in a year, according to a Securities and Exchange Commission filing on Monday.
Oracle is inching closer to “junk” territory. S&P Global Ratings announced Thursday that it was downgrading the credit ratings of the software and AI cloud computing giant from BBB to BBB-, one notch ...
The company released its latest earnings last month.
June 22 (Reuters) - Oracle's total workforce declined 13%, or about 21,000 employees, in fiscal 2026, as the cloud computing giant continued restructuring its business, partly driven by the adoption ...
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 is launching four new Fusion Agentic Applications that will help organizations improve supply chain performance by increasing inventory visibility, reducing supplier and operational impact, and ...
Neural networks, a fascinating technology inspired by the human brain, form the basis of artificial intelligence. These ...
Oracle carried out layoffs in March. A new filing shows how much smaller the workforce is compared to this time last year.
The job cuts made headlines. But the bigger story is what's funding them.
Unlock the full InfoQ experience by logging in! Stay updated with your favorite authors and topics, engage with content, and download exclusive resources. In this eMag, we try to establish agentic AI ...