Oracle cuts jobs at Abilene data centre tied to OpenAI's Stargate project - People Matters

People Matters - HR News·1d ago

Oracle CEO Says AI Speeds Coding, Stalls Delivery

Oracle has rapidly adopted OpenAI-backed AI tools, with 80% staff adoption cutting coding timelines dramatically, yet product delivery remains bottlenecked by testing, validation, and release ...

Independent Journal Review·2d ago

Oracle Is Slashing Payroll While Borrowing Billions for AI. What It Means for ORCL Stock.

Oracle is cutting payroll while ramping up billions of dollars in AI infrastructure spending, making cost control a key part of its growth strategy.

Yahoo Finance·5d ago

Oracle CFO Hilary Maxson addresses layoffs at first company meeting

Hilary Maxson used her first companywide meeting to frame the cuts as a matter of prioritizing resources, not squeezing workers ...

Yahoo Finance·6d ago

Oracle layoffs: 21,000 jobs cut amid massive AI spending, CFO says 'do more with less' isn't the solution

Oracle is cutting jobs while ramping up AI spending, with CFO Hilary Maxson rejecting a “do more with less” approach to workforce management.

Times Now on MSN·6d ago

Oracle Layoffs Begin With 6 AM Emails Amid AI Spending Push

BW People·Sep 15

Oracle Begins New Layoffs After Cutting 21,000 Jobs in AI Restructuring

BBN Times·1d ago

Oracle Workforce Reduction AI Spending: The 6 AM Email and the $90 Billion Bill

Record AI cloud orders, negative cash flow, and layoff emails at dawn: inside the Oracle workforce reduction AI spending trade of September 2026. The post Oracle Workforce Reduction AI Spending: The...

AIMiracle.ai·4d ago

Oracle to Spend an Additional $700 Million on More Job Cuts

Yahoo Finance·5d ago

Oracle Workers Should Be Scared (Layoffs 2026) Liga Mx (3K29SEyHYK)

Unisba Media·6d ago

Oracle lays off undisclosed number of employees in restructuring, but hiring continues for AI and data center roles

TechRadar·Sep 15

Oracle Layoffs: New Job Cuts Hit as AI Spending Drives a Wider Big Tech Restructuring

Oracle layoffs began again Sept. 14 as the company expands AI spending and raises restructuring costs to $2.8 billion. Here are the latest Oracle news, stock and Big Tech layoffs.

FINCHANNEL·Sep 15

Oracle Cut 21,000 Jobs and Its Stock Went Up — The Math Behind the AI Paradox

Oracle cut 21,000 jobs — 13% of its workforce — while signing $30 billion in AI cloud deals. Here's why investors are betting on the math even as the human cost mounts in 2026.

Memeburn·1d ago

Oracle Shares Climb Despite Layoffs as $30 Billion AI Deals Fuel Growth

Oracle (NYSE:ORCL) shares climbed more than 2% on early Thursday after gaining a similar amount a day earlier, as investors weighed continued workforce reductions against the company's expanding ...

Yahoo Finance·5d ago

Oracle lays off hundreds in Seattle, part of sweeping cuts

Oracle's restructuring efforts continue, after costing the company roughly $2.8 billion over the past year due to severance packages and contract terminations.

The Seattle Times·6d ago

12 years, many sacrifices & a locked login: A wife's LinkedIn post captures pain of fresh Oracle layoffs

After 12 years at Oracle, Pooja Sahu says her husband, Sourabh, found himself among those impacted by the technology giant's latest layoffs ...

The Tribune India on MSN·6d ago

Oracle hits workers with second wave of 6 AM emails as restructuring bill climbs to $2.8B

Oracle layoffs hit thousands of employees today in a second wave of 6 AM termination emails, the same week the company disclosed its restructuring bill has grown to $2.8 billion -- 33% above its...

Tech Times on MSN·Sep 15

Oracle admitted AI eliminated 21,000 jobs. Now it’s starting the next round

Oracle's 2026 annual report contains something unusual for corporate filings: a direct, on-record disclosure linking AI deployment to mass workforce reduction — ...

Martin Cid Magazine·Sep 15