Indiatimes

Oracle layoffs: Employees receive email from 'Oracle Leadership' at 6AM, saying: "We have made the decision to eliminate your role as…"

Oracle has begun laying off employees across its global offices, with workers in US, India, and other regions reporting termination emails landing in their inboxes as early as 6AM EST on Tuesday. The ...
New York Post

Bloodbath at Oracle as staff stunned by brutal 6 a.m. layoffs email

Major Bay Area tech company Oracle announced mass layoffs Tuesday, notifying fired employees in an email at 6 a.m.. The message from one of the world’s largest software companies, chaired by ...
CNBC

Oracle layoffs will help cost savings, analysts say

Oracle shares traded slightly lower on Wednesday after news that the company was laying off thousands of workers. The software giant recently said it is raising $50 billion for its data center ...
CNBC

Oracle cutting thousands in latest layoff round as company continues to ramp AI spending

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 ...
Indiatimes

Oracle layoffs: Reason the 6AM email from “Oracle leadership” told thousands of laid-off employees; 'After careful consideration of…

Oracle's largest-ever round of layoffs didn't come with a phone call, a meeting, or a conversation with a manager. It came as an email. Sent from "Oracle Leadership" at 6AM in the US (3:30 PM IST), ...
Reuters

Oracle hires Schneider Electric's Maxson as CFO amid AI spending boom

Maxson says she aims for investment discipline Oracle faces investor concerns over growing spending Oracle shares have dropped about 25% this year April 6 (Reuters) - Oracle (ORCL.N), opens new tab on ...
The Motley Fool

Wall Street Is Wrong About Oracle -- This $553 Billion Backlog Tells a Different Story for 2026

Oracle's stock price has fallen more than 50% in just six months. The company's massive backlog suggests the future could still be very bright. Oracle is helping to build out the infrastructure needed ...
Forbes

Oracle Lays Off 30,000 As AI Spending Surges

This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. Oracle Fired 30,000 People by Email. The Same Quarter, It Posted Record Revenue and a $553 ...
NDTV

Oracle Appoints Hilary Maxson As CFO With $29.7 Million Package After Firing 30,000 Employees

Just days after firing 30,000 employees globally, reportedly due to AI-driven cost-cutting, Oracle has appointed Hilary Maxson as its new Chief Financial Officer (CFO) with a massive pay day. While 12 ...
Tennessean

Oracle layoff email reaches Tennessee workers in 2026 cuts

An unknown number of Oracle Corp. employees woke up on the morning of March 31 to find an email from their employer informing them that it would be their last day on the job. "We are sharing some ...
Gizmodo

Iran Says It Hit Oracle Facilities in the UAE

Iran’s Islamic Revolutionary Guard Corps (IRGC) claims it has targeted an Oracle data center in Dubai, United Arab Emirates, according to Iranian state media. The alleged strike comes only two days ...
Business Insider

I was laid off from Oracle after almost 10 years. It felt cold, but it taught me an important lesson about priorities.

Pamela Price learned via email that she was affected by Oracle's recent mass layoffs. The layoff shocked her — but she leaned on three career lessons to quickly pivot. She says the experience revealed ...