HR Executive

Oracle beats expectations and stays quiet on job cut speculation

Oracle's Q3 earnings showed 15% HCM growth and 1,000-plus AI agents live in applications, but no word on the rumored layoffs.

Oracle's Backlog Now Sits at $553 Billion. Is the Stock a Buy?

Oracle's cloud infrastructure business is accelerating rapidly, but investors should weigh the company's massive capital ...
SecurityWeek

Michelin Confirms Data Breach Linked to Oracle EBS Attack

Tire giant Michelin has confirmed a data breach stemming from the Oracle E-Business Suite (EBS) hacking campaign.
Computer Weekly

Oracle cost-cutting points to AI infrastructure gamble

Over the past few weeks, cracks have started to appear in the tech sector’s growth plans for artificial intelligence.
HR Executive

Oracle’s potential mass layoff signals an AI trade-off

Oracle is reportedly weighing cuts of up to 30,000 employees to fund AI data center expansion. Here's what HR leaders need to watch.

Oracle’s Quarterly Results And What They Indicate About Enterprise AI Spending

Oracle reported third-quarter revenue of approximately $17.2 billion in early March, a 22% increase year-over-year. The company's remaining performance obligations — contracted future revenue not yet ...

Oracle prepares new round of layoffs while doubling down on AI infrastructure

The expanded fund, disclosed in a filing with the US Securities and Exchange Commission following Oracle's quarterly earnings report, has heightened concerns that the company's restructuring ...