Oracle's global workforce fell from about 162,000 (May 2025) to 141,000 (May 2026), a drop of roughly 21,000, or 13%. In the same fiscal year, Oracle spent $55…
Oracle acquired healthcare-IT giant Cerner for approximately $28.3-28.4 billion, forming the basis of what is now Oracle Health. The unit would later face restructuring…
Reports indicated hundreds of employees at the former Cerner campus were affected as Oracle Health continued integrating and restructuring the business, alongside AI mod…
Reports described a major layoff wave, with some employees reportedly receiving early-morning termination notices. Estimates of the number affected varied substantially…
Oracle's FY2026 results: revenue $67.4B (+17%), cloud revenue $34B (+39%), CapEx $55.7B (+162%), free cash flow -$23.7B, and remaining performance obligations (RPO) reac…
Oracle's annual filing showed workforce falling from ~162,000 (May 2025) to ~141,000 (May 2026). The filing states AI adoption and deployment have resulted, and may cont…
Reuters reported Oracle's debt at approximately $129.5 billion with debt-to-EBITDA around 4.3x, and an S&P rating of BBB- -- one notch above non-investment-grade. Reuter…
Business Insider reported Oracle planned another round of reductions, with some teams potentially facing double-digit percentage cuts, managers reportedly preparing list…
Employees reportedly monitored email, Slack member counts and login access for signs of another wave. The widely anticipated mass layoff email did not arrive on Septembe…
No confirmed company-wide September 1 mass layoff has been verified. Earlier August reporting indicates further restructuring remains possible, but nothing is guaranteed.
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