Now we know how much Oracle shrank its staff in the past year — and how much it cost

Oracle carried out layoffs in March. A new filing shows how much smaller the workforce is compared to this time last year.
The Next Web

Oracle cut 21,000 jobs this year and its SEC filing explicitly blames AI

Oracle shed 13% of its workforce while spending $55.7 billion on data centres. Its SEC filing explicitly cites AI adoption as the cause of job losses.

Oracle beats on earnings, but stock drops on plans to raise another $20 billion

Oracle topped quarterly expectations, but free cash flow is negative, and the company plans to raise more capital for data center projects.
Reuters

Oracle's AI spending blows past estimates, raising worries over growing debt

Oracle plans to raise nearly $40 billion in debt and equity in 2027 Capital spending for 2026 reached $55.66 billion, surpassing Oracle's $50 billion target Analysts highlight investor concerns over ...