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Oracle reportedly undergoing round of layoffs

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Overview
 · 11h
Oracle lays off employees as it curbs costs during AI buildout
Oracle is cutting staff as the company seeks to curb cost while it invest in AI infrastructure.

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 · 4h · on MSN
Oracle reportedly undergoing round of layoffs amid push toward AI
 · 4h · on MSN
Oracle cutting thousands of jobs to cut costs amid AI push: report
 · 6h
Oracle layoffs: Bad news for employees as tech giant to cut 30000 jobs, says report, reason is…
Oracle has begun another round of layoffs across its global offices, and it has left many employees completely shocked.

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 · 7h
Oracle to cut thousands of jobs in latest layoff round as AI investment ramps up
 · 8h
Oracle cutting thousands in latest layoff round as company continues to ramp AI spending
10h

Read the email Oracle is sending to laid-off employees

Oracle began layoffs on Tuesday as it seeks to cut costs. Read the email it sent to affected employees.
CNBC
1y

Oracle announces new AI-powered electronic health record

Oracle on Tuesday announced a brand-new electronic health record, or EHR, that features fresh cloud and artificial intelligence capabilities. The new EHR is Oracle's most significant health-care product update since acquiring the medical records giant ...
Forbes
3mon

The AI Utility: Oracle Is Building What Big Tech Cannot Live Without

Oracle’s stock dropped another 5% on Wednesday after reports that a major investor pulled out of a $10 billion data center deal over concerns about the company’s debt. It was the latest blow in a brutal three-month stretch that has wiped out nearly ...
Reuters
10mon

Oracle to buy $40 billion of Nvidia chips for OpenAI's US data center, FT reports

May 23 (Reuters) - Oracle (ORCL.N), opens new tab will spend around $40 billion on Nvidia's (NVDA.O), opens new tab higher-performance chips to power OpenAI's new U.S. data center, the Financial Times reported on Friday. The data center, situated in ...
Seeking Alpha
1y

Oracle Advances Safety Case Management for Life Science Organizations

New Oracle Argus and Safety One Intake enhancements make it easier for pharmacovigilance teams to increase efficiency and address global regulatory compliance AUSTIN, Texas, July 10, 2024 /PRNewswire/ -- Oracle today announced new capabilities in its AI ...
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