PIMCO bought $10B of Oracle's record $16.3B data centre bond deal after US banks pulled back. The Michigan campus is part of $72B in Stargate infrastructure debt with a 19.5-year maturity.

Oracle fired up to 30,000 employees globally on 31 March, including an estimated 12,000 in India, in what analysts believe is the largest workforce reduction in the company's nearly 50-year history.

Oracle has cut around 10,000 jobs in India, sources told ET. This is part of a global restructuring affecting 30,000 employees. The company is reducing roles in its tech divisions. Oracle Financial ...

Aditya Narayan Mishra, MD and CEO of CIEL HR, said every day, we are seeing new roles emerging, while many are also becoming irrelevant.

Oracle is undertaking one of the most profound strategic shifts in the technology sector. To fund billions in new artificial intelligence data centers, the software giant is eliminating nearly ...

San Francisco: Oracle, one of the world's largest enterprise technology companies, executed what analysts are describing as the most sweeping workforce reduction in its 48-year history on Tuesday, ...

What just happened? Oracle is trimming tens of thousands of jobs across its global operations as part of a broader realignment toward AI infrastructure. Employees in the US and India reported ...

Oracle added its name to the list of tech companies doing layoffs along with Meta, Amazon, and Block. The move comes as Oracle expects to spend $50 billion on capital expenditures this year. Stocks ...

This article first appeared on GuruFocus. Oracle (NYSE:ORCL) is making a pretty blunt shift right now. It's cutting jobs while pouring more money into AI infrastructure. The layoffs started Tuesday ...

Oracle is conducting a round of layoffs, two people familiar with the move told CNBC. The layoffs were in the thousands, the people said. The software maker has continued to increase spending on data ...