Oracle

The share pledges, revealed in an Oracle filing on Friday, amount to a 19% increase in the number of shares Ellison has pledged since 2025. The stock is worth about $9.2 billion

Middle managers and employees aged 40 and above reportedly bore a significant share of Oracle's latest layoffs in its cloud infrastructure unit

As of Friday's close, OFSS shares are up 55 per cent on a year-to-date (YTD) basis, making it the best-performing stock in the worst-performing Nifty IT index.

He worked through Holi and Diwali, birthdays and anniversaries, stayed on call during vacations and even logged in from a hospital while his wife underwent surgery. After 12 years at Oracle, Pooja Sahu said her husband, Sourabh, found himself among those impacted by the technology giant's latest layoffs. The most painful part, perhaps, was that he found out he had lost his job when he could no longer log into his work system. "This post is for everyone who works day and night to provide for their families, especially amid visa uncertainty, yet still gives their best every day," she wrote. Sahu's account is among a wave of emotional posts that have surfaced on social media over the past hours around the latest job cuts at Oracle, with employees, their relatives and friends penning accounts of sudden exits, uncertainty, and careers suddenly upended. The individuals concerned could not be reached immediately, and the personal accounts shared by family members and friends could not be

Oracle has begun another round of layoffs after its workforce fell by 21,000 in financial year 2026, as the software giant ramps up spending on AI data centres and infrastructure

Oracle co-founder Larry Ellison cancelled a plan to sell up to 50 million shares worth about $7.5 billion, saying no shares were sold under the plan

More than 128,000 tech jobs have been cut globally in 2026, surpassing last year's total, as companies including Oracle, Amazon, Dell and Uber restructure and boost AI spending

Oracle is cutting costs even as its cloud business grows rapidly, as debt-funded AI infrastructure spending puts pressure

In the past three months, OFSS stock outperformed the market by surging 65 per cent, as compared to a 0.52 per cent rise in the BSE Sensex.

Oracle joins a growing list of tech firms cutting jobs as AI adoption accelerates, with 2026 layoffs already surpassing the total recorded in 2025

The company's global headcount shrank to 141,000 full-time employees as of the May 31 end of the fiscal year, compared with 162,000 a year earlier

Oracle on Monday announced a partnership with Uttar Pradesh State Skill Development Mission (UPSDM) to deliver skills training in AI, cloud, cybersecurity and data science to three lakh students and professionals by 2029. The move aims to bolster employability and support career growth, while building a future-ready talent pool for an innovation-led economy. Oracle's collaboration with UPSDM will deliver skills training in AI, cloud, cybersecurity, and data science to 3,00,000 students and professionals by 2029, the cloud computing company said in a release. It entails over 300 hours of structured learning paths across Oracle Cloud Infrastructure (OCI), OCI Enterprise AI, OCI Data Science, Oracle APEX, OCI DevOps, and Oracle Security. "The program will be delivered for free as a digital learning experience through UPSDM's Oracle MyLearn, which is a comprehensive training and enablement platform from Oracle University that is used by millions of trainees around the world," the compa

Tata Consultancy Services on Friday launched India's first Oracle AI Data Platform Lab and Centre of Excellence (CoE) here to help enterprises accelerate adoption of artificial intelligence and data-driven transformation. The facility at Delta Park Lords in Kolkata has been set up in collaboration with Oracle and will support customers in addressing challenges such as fragmented data systems, slow analytics cycles, limited AI scalability and operational inefficiencies, the IT major said. TCS said the lab will leverage Oracle AI Data Platform, which combines Oracle Cloud Infrastructure, Oracle Autonomous AI Database and OCI Enterprise AI, to help organisations make enterprise data AI-ready and deploy AI-powered applications and automation at scale. The IT services major also plans to establish similar Oracle AI Data Platform Labs and Centres of Excellence in four more Indian cities over the next three years, a statement said. "The facility is designed to accelerate the journey from

Share price of Oracle Financial Services Software, a majority-owned subsidiary of Oracle, rallied 6% to ₹10,000.50, its highest level since January 24, 2025, on the BSE in Tuesday's intra-day trade.

Analysts believe OFSS's outperformance is underpinned by relatively sustainable revenue growth, sharp margin expansion, operating leverage, and AI-driven productivity gains

Upcoming dividend stock list: Here is the complete list of stocks that will remain in the spotlight next week following their dividend announcements to shareholders as they trade ex-dividend

In Q4, Oracle Financial Services recorded a net profit of ₹841.7 crore, up 30 per cent from ₹644 crore a year ago. On a sequential basis, profit was up 38 per cent.

Doug Kehring will step down as Oracle's principal financial officer following the appointment and will return to focusing on the company's go-to-market operations

According to the Dubai Media Office, debris from an aerial interception fell on the facade of the Oracle building in Dubai Internet City

Job cuts across tech firms raise questions for H-1B workers. Here's what the 60-day rule means and the steps to stay compliant in the US