Business
Oracle is reportedly planning large-scale job cuts, with estimates suggesting up to 30,000 positions could be eliminated globally as the company looks to manage rising costs and financial pressure. The potential layoffs would mark one of the biggest workforce reductions in Oracle’s history if implemented. Cost Pressures and AI Investments The move is linked to […]
Business
Oracle shares dropped about 5% on September 11, 2025, after a massive rally the previous day that pushed its market value close to $1 trillion. The prior day’s gains were driven by big cloud deals with AI companies, especially OpenAI. Big AI Deals The surge came after reports that Oracle secured a deal with OpenAI […]