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Tag: Oracle

All Finances

Oracle faces up to 30,000 job cuts in AI overhaul, veterans hit hardest

April 28, 2026April 28, 2026 - by cmedia

IBNS-CMEDIA: In one of its largest workforce reductions in years, Oracle has laid off an estimated 20,000 to 30,000 employees globally, underscoring a deep shift toward an AI-first business model …

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All Finances

Oracle announces 30,000 global layoffs, with 12,000 affected in India

April 1, 2026April 1, 2026 - by cmedia

Austin/IBNS-CMEDIA: Oracle has reportedly slashed around 30,000 jobs globally, including nearly 12,000 in India, in a sweeping round of layoffs, media reports said. Employees across teams said they received termination emails …

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All Finances

Oracle’s OpenAI gamble sparks plans for up to 30,000 layoffs amid financial strain

February 2, 2026February 2, 2026 - by cmedia

Austin/IBNS-CMEDIA: Tech giant Oracle is planning to slash between 20,000 and 30,000 jobs this week as part of a massive cost-cutting exercise, media reports said. The layoffs are aimed at …

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Foreign politics

World’s 2nd richest Larry Ellison, Oracle co-founder plans to donate 95% of his fortune

September 24, 2025September 24, 2025 - by cmedia

#Larry Ellison# Oracle# Giving Pledge# philanthropy# Ellison Institute of Technology# billionaire wealth IBNS-CMEDIA: Oracle co-founder Larry Ellison has climbed to the position of the world’s second-richest person, trailing only Tesla …

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