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News 2026-08-12 16:54 UTC

Oracle to Slash Jobs

Oracle is cutting jobs to fund AI plans with double-digit percentage cuts on some teams

News 2026-07-19 20:04 UTC

LS Weekend News Recap 17-19th July

US-Iran Attacks Escalate As Strikes Kill Two American Troops - BBG Tehran Declares Peace Deal Abandoned - BBG Iran Rushed Out $6 Billion Of Oil During Brief Truce With US - WSJ Kuwait Energy Infrastructure Hit During Intense Iran Attacks - BBG Washington Pushes EU To Announce Import Rules Rollback - FT Trump To Fund Ma

News 2026-06-23 13:43 UTC

Oracle Cuts 21,000 Jobs

Oracle reduces workforce by 13% over the past 12 months, citing AI deployment, and joins other tech giants in slashing jobs to offset AI buildout costs

News 2026-06-23 10:27 UTC

Oracle Cuts 21,000 Jobs

Oracle reduces workforce by 13% over the past 12 months, citing AI deployment, and joins other tech giants in slashing jobs to offset massive AI buildout spending

News 2026-06-23 10:17 UTC

Oracle Cuts 21,000 Jobs

Oracle reduced its workforce by 13% over the past 12 months, citing AI deployment, and now employs 141,000 full-time workers