Oracle

Oracle cuts 21,000 jobs in 12 months, cites AI-driven workforce changes

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 to train 300k youth across UP in AI, cloud, cybersecurity by 2029

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

TCS launches India's first Oracle AI Data platform lab in Kolkata

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

OFSS jumps 6% to 15-month high, up 60% from March lows; buy, sell or hold?

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.

Oracle Financial Services bucks IT rout in CY26; rises 16% while peers fall

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

Dividend stocks: Oracle Financial Services, 7 others go ex-date next week

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

Oracle Financial Services jumps 7% after posting Q4 results; PAT up 30% YoY

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.

Oracle names Schneider Electric's Maxson as CFO amid soaring AI spending

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

Debris from aerial interception hits Oracle building in Dubai Internet City

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

Oracle layoffs: Steps H-1B visa holders must take after job loss in US

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

Early morning pink slips from Oracle a wakeup call on AI transition?

Tech giant joins industry peers in pivoting towards AI infrastructure, triggering a massive workforce restructure across global and Indian operations

Oracle's mass layoffs explained: 30,000 jobs cut globally, over 2,500 hit in India | Job cut

Oracle’s global layoffs, impacting up to 30,000 employees, have now reached India, with over 2,500 jobs cut. As the tech giant doubles down on AI and data centres,

Why Oracle laid off 30,000 employees despite strong revenue growth

Oracle has eliminated nearly 30,000 jobs globally as huge investments in AI data centres and infrastructure strain its finances despite strong revenue growth

From Oracle to Amazon: Tech layoffs sweep across global IT industry

The technology sector has seen major job cuts recently, with companies including Oracle, TCS, Amazon, Microsoft, Intel and Block cutting thousands as they restructure and invest in AI

Oracle lays off 12,000 employees in India; another round likely in a month

US-based IT firm Oracle is believed to have laid off approximately 12,000 staff in India, with another round of layoffs expected within a month, impacted employees said on Tuesday. Globally, the company has fired around 30,000 employees. "In India, around 12,000 employees have been laid off. The company is planning another mass layoff within a month," said two people impacted by the retrenchment, including one from the company's human resource department. The company has approximately 30,000 employees in India, including those affected by the layoffs. Oracle declined to comment on the development. Oracle, in an email sent to staff, said the employees were informed about certain organisational changes and "because of these changes, a decision has been taken to streamline the operations, and as a result, unfortunately, the position you currently hold will become redundant". The company has offered 15 days' salary to each employee who has completed a year of service in India, in add

US slated to receive $10 billion fee from investors for TikTok deal

The new entity, known as TikTok USDS Joint Venture LLC, will be responsible for moderating content on TikTok and protecting the data of US users

Oracle plans thousands of job cuts amid costly AI data centre expansion

The reductions being planned are expected to be wider-reaching than the company's typical rolling job cuts

Tamilnad Mercantile Bank adopts Oracle Fusion Cloud to boost efficiency

The private sector lender says Oracle Fusion Cloud Applications have helped unify finance, HR and customer experience operations, driving automation, productivity gains and cost savings

Big tech layoffs: Why is Oracle planning to slash 30,000 jobs? | Data centres | Business news

US software major Oracle is considering its biggest round of layoffs in years, as financing pressure mounts around its ambitious AI data centre expansion.

Oracle plans to raise up to $50 billion in 2026 for cloud buildup

Oracle is raising money to build additional capacity to meet the contracted demand from the company's largest cloud customers, including Advanced Micro Devices