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 ...

Oracle on Monday announced it hired a new chief financial officer after the software giant moved forward with layoffs last week. The company announced that Hilary Maxson will serve as the new CFO, ...

Software giant Oracle has named Hilary Maxson as its new chief financial officer amid thousands of layoffs that sent shockwaves through the company. Maxson, 48, formerly of Schneider Electric, assumes ...

In July 2025, Oracle and OpenAI formalised what is arguably the largest cloud computing deal in history. OpenAI committed to spending $300 billion on Oracle's infrastructure over roughly five years, ...

The 6am layoff emails caught thousands of Oracle employees off guard. But the warning was hiding in plain sight. Oracle's Q3 FY2026 earnings release, filed on March 10—the same week termination ...

FINANCIAL MARKETS. HE SAYS THOSE WOULD BE TEMPORARY. WELL, HUNDREDS OF JOBS ARE AT RISK HERE IN KANSAS CITY. ORACLE SAYS IT IS CUTTING MORE THAN 500 POSITIONS. KMBC9 BRIAN JOHNSON IS GETTING ANSWERS ...

Oracle laid off thousands of people on Tuesday in a move that was widely anticipated as more and more tech companies claim they’ll need fewer workers thanks to the AI boom. The total number of people ...

Related Digital is finalizing $16 billion of financing for a giant Oracle Corp. data center, after months of stop-and-start negotiations with investors. The developer has been rounding up cash to ...

What just happened? Oracle is trimming tens of thousands of jobs across its global operations as part of a broader realignment toward AI infrastructure. Employees in the US and India reported ...

Oracle’s Cloud Experience Center in downtown Seattle. (GeekWire File Photo / Todd Bishop) Oracle is laying off 491 employees in Washington state, according to a filing Tuesday from the state ...

Oracle has cut an unspecified number of jobs as the software giant looks to reduce costs and continue growing its artificial intelligence business, according to former employees and multiple reports.