The developer of a huge one-gigawatt data center says it has secured $16 billion in funding. The data center in rural Michigan will serve Oracle's AI business. Local residents have protested the data ...

Days after reports emerged that Oracle Corporation had laid off tens of thousands of employees, some notified as early as 6 am, the company has moved to appoint a new chief financial officer with a ...

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Thousands of Oracle employees were let go recently in a workforce reduction that analysts have estimated could affect up to 30,000 workers. Reporting has linked the cuts to funding the company’s AI ...

Just days after firing 30,000 employees globally, reportedly due to AI-driven cost-cutting, Oracle has appointed Hilary Maxson as its new Chief Financial Officer (CFO) with a massive pay day. While 12 ...

Hilary Maxson has been appointed as the new Chief Financial Officer of Oracle, stepping into the role on April 6, 2026. She will report directly to CEO Safra Catz and oversee the company’s global ...

Oracle Layoffs 2026: Severance packages in India In India, the severance package is expected to follow the standard N+2 formula, where N represents the number of years worked, paid out in months.

Reuters Oracle layoffs affected US employees severance package and benefits during global workforce reduction Oracle layoffs affected US employees severance package and benefits have become a major ...

Oracle has implemented its largest-ever layoffs, impacting thousands of employees through a sudden email notification. The message informed staff their roles were eliminated immediately, with no ...

US-based IT firm Oracle Corporation recently laid off around 12,000 employees in India and nearly 30,000 employees globally. This has once again put the spotlight on severance payouts as well as the ...

The layoffs are attributed to Oracle's strategic shift towards AI and data center expansion, including a $156 billion deal to build AI data centers for OpenAI, and financial pressures from over $108 ...

The layoffs, which began on Tuesday, are said to have affected multiple divisions. Oracle has laid off around 12,000 employees in India across multiple divisions. Severance packages reportedly include ...