Oracle reinstates its CFO role, appointing Hilary Maxson after Safra Catz became principal financial officer in 2014, amid investor scrutiny over AI spending
Oracle (ORCL.N) on Monday named Hilary Maxson as its chief financial officer, tapping an executive with deep experience in infrastructure …
Sources: Oracle has cut ~10,000 jobs in India, or ~20% of its Indian workforce, as part of a restructuring that reportedly affects 30,000 employees globally
Oracle has cut around 10,000 jobs in India, sources told ET. This is part of a global restructuring affecting 30,000 employees.
Sources: Oracle is cutting thousands of jobs in its latest layoffs, as the company continues to ramp AI spending; as of May 2025, Oracle employed 162,000 people
Software maker Oracle has started telling employees that it's conducting a round of layoffs, two people familiar with the move told CNBC.
Sources: Oracle is cutting thousands of jobs in its latest layoffs as the company continues to ramp AI spending; as of May 2025, Oracle employed 162,000 people
Software maker Oracle has started telling employees that it's conducting a round of layoffs, two people familiar with the move told CNBC.
Sources: Oracle is planning to cut thousands of jobs as soon as March, among its moves to handle a cash crunch from a massive AI data center expansion effort
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.
Sources: Oracle is planning to cut thousands of jobs as soon as March, among its moves to handle a cash crunch from a massive AI data center expansion effort
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.
Oracle stock fell 30% this quarter, its steepest drop since Q3 2001, when it slid ~34%, amid skepticism about its ability to open more data centers for OpenAI
Jordan Novet / CNBC :
Oracle stock fell 30% this quarter, its steepest drop since Q3 2001, when it slid ~34%, amid skepticism about its ability to open more data centers for OpenAI
Three months ago Oracle named Clay Magouyrk and Mike Sicilia as its new CEOs. They're off to a rough start.
Inside OpenAI's deals with Nvidia, Oracle, and AMD, where sources say Sam Altman largely relied on his executive team, with little input from outside advisors
www.ft.com/content/967b... [image] Forums: r/AMD_Stock : OpenAI shunned advisers on $1.5tn of deals
Oracle promotes Clay Magouyrk and Mike Sicilia to co-CEOs, replacing Safra Catz; Magouyrk previously led Cloud Infrastructure, and Sicilia led Oracle Industries
Oracle Corp. on Monday promoted Clay Magouyrk and Mike Sicilia to become co-chief executive officers, signaling the company's focus …