Oracle Q3 earnings on deck: Focus on cloud unit, capital spending

Evercore analyst Kirk Materne said Oracle's announcement of using $25B in debt and $25B in equity to capitalize itself, along with OpenAI's recent funding announcement, “should alleviate near-term ...

Oracle plans to lay off thousands of employees due to AI data center buildout expenses: report

Oracle plans thousands of layoffs as it ramps AI data center spending and targets $45–$50B for cloud capacity.
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Oracle Targets Job Cuts In The Thousands: Report

Oracle last reported an employee count of about 162,000 in May 2025. About 31 percent of those employees were in research and ...
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Oracle planning to cut thousands of jobs while expanding AI and cloud infrastructure

Oracle Corporation is reportedly planning to lay off thousands of employees to control expenses from its heavy investments in Artificial Intelligence and new data centers. This strategic shift, aimed ...