Oracle

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

Oracle plans 20,000-30,000 job cuts to fund data centre expansion

Employees linked to data centres and non-core units are likely to be most at risk

Stellar & disappointing stocks of 2025: leaders fall, laggards rise

Some stocks that rallied last year have been among the biggest laggards of 2025, while many underperformers have emerged as winners

Larry Ellison offers $40 bn guarantee for Paramount's Warner Bros bid

After Warner Bros board rejected its offer, Paramount Skydance said Larry Ellison will provide a $40.4 billion irrevocable personal guarantee backing its $108.4 billion bid

Asian stocks rise higher cautiously as tech sector rattled by Oracle

MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.7 per cent, tracking mostly higher US markets on Thursday - the Dow and Russell 2000 indices hit new highs but the Nasdaq fell

Stock Market Highlights: Sensex ends 450 pts higher; Nifty at 26,047; Metal, realty lead rally

Sensex Today | Stock Market Highlights, December 12, 2025: In the broader markets, the Nifty MidCap index advanced 1.18 per cent, and the Nifty SmallCap index 0.94 per cent

OpenAI jitters leave Sam Altman's business buddies feeling the heat

SoftBank Group Corp.'s shares have tumbled 40 per cent from late October, while Oracle Corp.'s stock has given up all gains made since early September

Stock Market close: Sensex falls 593 points, Nifty at 25,878; financial services, IT shares drag

Sensex Today | Stock Market close: In the broader markets, the Nifty MidCap 100 rose marginally by 0.1 per cent and the Nifty SmallCap 100 indices fell 0.1 per cent, respectively

Inside OpenAI's $1.5 trillion chip deals led by Sam Altman's inner circle

Sam Altman and his top team at OpenAI struck chip and infrastructure deals worth up to $1.5 trillion with Nvidia, AMD, Oracle and others, often without help from bankers or lawyers