Oracle Corporation

Oracle, Jobs

NEW DELHI-Oracle Corp., the US-based technology company, has disclosed that it reduced its workforce by about 21,000 employees over the past 12 months and acknowledged that the adoption of artificial intelligence (AI) technologies contributed to some of the job cuts.

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ORCL Stock Layoffs: What to Know as Oracle Cuts 21,000 Jobs

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Oracle layoffs: Tech firm cut 21,000 jobs last year. Its latest filing reveals why

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Oracle Sheds 21,000 Jobs as It Sharpens Focus on AI

Oracle’s ORCL -5.00% head count shrank by roughly 13% in its previous fiscal year, as the tech company continued to invest in artificial intelligence.

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Oracle workforce shrinks by about 21,000 employees amid AI adoption

AI Cost 21,000 Jobs At Oracle This Year—And More Layoffs Could Be Coming

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Oracle cuts over 20,000 jobs as it doubles down on AI usage

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Oracle cut 21,000 jobs over past year as AI adoption reshaped operations

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Oracle cut 21,000 jobs because of AI.

MarketBeat on MSN

Oracle's sell-off looks more like a mispricing than a warning

Key Points Interested in Oracle Corporation? Here are five stocks we like better. Oracle's stock is trading at 22X current-year earnings, roughly 50% below typical blue-chip tech valuations, as the market underprices its long-term backlog conversion.

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Jobs bloodbath at Oracle as 21,000 staff let go amid huge strategy pivot

Oracle has quietly axed 21,000 workers in a massive jobs bloodbath as it pours billions into artificial intelligence, all while admitting the technology is helping eliminate positions. The scale of the cuts was revealed in a regulatory filing Monday,

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Oracle (ORCL) Eliminates 21,000 Positions in Sweeping AI-Driven Restructuring

Oracle (ORCL) eliminated 21,000 jobs in fiscal 2026 due to AI adoption, incurring $1.8B in charges. Headcount dropped 13% to 141,000 employees.

Is Oracle (ORCL) One of the Best S&P 500 Dividend Stocks to Buy Right Now?

On June 11, Scotiabank lowered its price recommendation on Oracle Corporation (NYSE:ORCL) to $241 from $290. It reiterated an Outperform rating on the shares.

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Oracle stock is tumbling on cloud miss and costly data center plans: What it means for the AI bubble debate

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Oracle 2026 Revenue Seen Rising 17% On Cloud Surge

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View Oracle Corporation ORCL stock quote prices, financial information, real-time forecasts, and company news from CNN.

Mizuho Maintains Outperform Rating on Oracle Corporation (ORCL)

Oracle Corporation (NYSE:ORCL) is one of the Best Data Center Stocks That Are Cheaper Than the S&P 500. Recently, on June 15, Mizuho reiterated an Outperform rating on Oracle Corporation (NYSE:ORCL) with a price target of $320.