Affected locations include Russell Investments Center, 1301 2nd Ave., and 2025 5th Ave. The layoffs are “due to a reduction in force and other terminations,” Oracle stated.

Oracle founder Larry Ellison, the world's seventh-richest person, can sell up to 50 million of his shares in the software company under a new trading plan.

Oracle just reported a backlog so massive it rivals Microsoft's entire commercial pipeline, yet the stock sits 40% below where it traded a year ago. Something has to give, and figuring out which way ...

Aug 11 (Reuters) - Quantinuum (QNT.O), opens new tab and Oracle (ORCL.N), opens new tab on Tuesday announced a multi-year partnership aimed at bringing quantum computing capabilities to Oracle's cloud ...

The billionaire’s company took on ominous loads of debt to build data centers around the world. The implications go far beyond Oracle. By Jonathan Mahler Jim Rutenberg and Kirsten Grind Last September ...

The Pentagon, in Arlington, Virginia, is seen from the Washington Monument observation deck on the National Mall in Washington, DC on July 23, 2026. Kent Nishimura/AFP via Getty Images The U.S.

"The adoption and deployment of AI technologies across our operations have resulted, and may continue to result, in reductions to our workforce," Oracle said in the filing. In short, Oracle's business ...

Oracle is treating AI as a standard feature of hotel operations software, not a premium product. That raises the stakes for property management rivals trying to sell similar tools as add-ons. Oracle ...

Oracle spent $55.7 billion on data centres in FY2026, overshooting its own $50 billion guidance. Revenue and cloud bookings beat estimates, but the stock fell 7% after hours on capex concerns and ...

The Office of Personnel Management is using the contract to consolidate more than 100 systems into a single platform covering 2 million federal employees. The Office of Personnel Management is ...

The largest workforce reduction in Oracle's 49-year history crossed a legal threshold today, June 1, as the first cohort of U.S. employees reached their official last working day under the federal ...

Oracle faces unresolved structural issues, notably uncertainty around RPO backlog convertibility and a deteriorating balance sheet, despite a significant stock price correction. AI server gross ...