Tech layoffs are rising in 2026 as AI investment surges. Here’s what’s really driving the cuts — and why AI may not be the ...

Oracle began laying off up to 30,000 employees globally, notifying them via a 6 a.m. email from "Oracle Leadership" with no prior warning from HR or managers.

Oracle has surprised the Wall Street on March 10 by reporting its best fiscal quarter in 15 years. Revenue for the third quarter of fiscal; 2026 has increased 22% to $17.2 billion, while the cloud ...

Oracle shares rose more than 7% in postmarket trading after the cloud-computing company posted higher quarterly revenue and raised its sales outlook for fiscal 2027. The company's results indicate ...

Oracle (ORCL) reports Q3 earnings after the bell tonight. Shares of the company remain under pressure headed into earnings as Wall Street worries about debt load and the company’s deep ties to OpenAI.

Oracle called recent news reports about Abilene's Stargate data center "false and incorrect" this week. Media reports surrounding the expansion of the artificial intelligence data center indicated a ...

Oracle has called reports of scrapping its Texas data centre expansion with OpenAI "false and incorrect," saying it and developer Crusoe are "operating in lockstep" at the Abilene site. The response ...

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WUSA-TV Washington, D.C. Posted: March 9, 2026 | Last updated: March 9, 2026 According to reports, Oracle to layoff thousands in order to fund AI expansion. House Republicans give GOP senators ...

Investing.com -- Oracle Corporation (NYSE:ORCL) pushed back against recent media reports about its flagship Abilene, Texas AI data center, stating that the facility remains on track and that the ...

Oracle layoffs planned as data centre costs surge: Bloomberg Enterprise software company Oracle is planning thousands of job cuts as it faces a cash crunch from a massive AI data center expansion ...

OpenAI (OPENAI) and Oracle (ORCL) have decided not to expand their data center site in Abilene, Texas, from 1.2 GW to 2 GW, according to Bloomberg. Apparently, Oracle and OpenAI's expansion plans were ...