Oracle stock rises in premarket on plans to cut thousands of jobs

Oracle plans to cut thousands of jobs which will free up cash flow as the company aggressively invests in its AI data center ...

Oracle cutting thousands in latest layoff round as company continues to ramp AI spending

Oracle has ratcheted up its capital expenditures as it builds data center infrastructure that can handle AI workloads.
The Next Web

Oracle is cutting up to 30,000 employees to pay for AI data centres

Oracle began laying off thousands of employees on 31 March 2026 via 6 a.m. termination emails across the US, India, Canada, ...

Oracle’s new AI bet: Make the AI database the center of agentic workloads

In some ways, Oracle Corp. is looking in a different direction.
Reuters

Oracle plans thousands of job cuts as data center costs rise, Bloomberg News reports

March 5 (Reuters) - Enterprise software company Oracle (ORCL.N), opens new tab is planning thousands of job cuts as it faces a cash crunch from a massive AI data center expansion effort, Bloomberg ...
Bloomberg L.P.

Oracle Plans Thousands of Job Cuts in Face of AI Cash Crunch

Oracle Corp. is planning to ax thousands of jobs, among its moves to handle a cash crunch from a massive AI data center expansion effort. The job reductions will affect divisions across the company ...