The layoffs coincided with revelations that Oracle has been actively filing petitions to hire foreign workers under the H-1B ...

Oracle laid off 30,000 works by email at 6 AM. The same quarter, it posted record revenue and a $553 billion backlog.

Thousands of job losses have been reported, impacting many roles at Oracle Cloud Infrastructure including software ...

I’m not writing this out of anger,' the laid off Oracle employee's husband shared. 'I’m writing this because people need to ...

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Nvidia CEO Jensen Huang said Tuesday (March 17) that he believes AI will increase productivity and create jobs rather than eliminate them, speaking during a Q&A session with journalists and creators ...

Job creation in the US has slowed to essentially zero, Federal Reserve Chair Jerome Powell said Wednesday as the Fed released its latest economic projections, which included slightly higher economic ...

Artificial intelligence is creating more jobs than it is eliminating, even as it reshapes technical roles across industries, according to a new report from Snowflake. The study, "The ROI of Gen AI and ...

(KRON) — Oracle is reportedly gearing up to cut thousands of jobs in order to fund AI data centers. According to a widely cited report in Bloomberg, the tech giant is facing a cash crunch as it looks ...

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 Thursday. Long a smaller ...

Oracle Corp. is planning to ax thousands of jobs, among its moves to handle a cash crunch from a massive AI data center expansion effort. The job reductions will affect divisions across the company ...

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