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The Latest Breaking News from Oracle

The tax escape map: Billionaires are bolting for Florida from the West Coast and taking billions in tax revenue with them

Driven partly by proposed wealth taxes, some of America’s richest people have poured millions into waterfront Florida real estate.

Fortune

5 things H-1B visa holders laid off by Oracle must do immediately to stay in the US legally

Immigration attorney Gabriela Urizar said H-1B visa holders who unfortunately got fired in the major Oracle layoff that impacted 30,000 across the world, should act promptly to remain legal in the US. Oracle handed over a cold email at 6 am on March 31, informing thousands that they have been…

The Times of India

Oracle Just Started Layoffs. What Do the AI-Driven Job Cuts Mean for ORCL Stock?

Oracle is laying off almost a fifth of its workforce. Does this mark the bottom for ORCL stock, or is more pain ahead?

Barchart

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Perplexity reacts to Indian-origin CEO Aravind Srinivas' AI gaffe: Layoffs are fine as people hate their jobs

Aravind Srinivas, the Indian-origin CEO of Perplexity AI, was caught in a major controversy after he defended AI-triggered layoffs and said people do not love their jobs anyway. In a podcast, Srinivas who studied at IIT-Madras and then did his PhD at UC Berkeley, said job losses will open many…

The Times of India

Larry Ellison Says AI Now Does Oracle's Coding Amid Mass Layoffs—3 Strategic Moves for Tech Workers

Oracle's recent layoffs highlight a shift towards AI-driven coding, reshaping the tech workforce and redefining the role of engineers.

International Business Times UK

'This Too Shall Pass'—Oracle Employee's Powerful Message Goes Viral Amid Mass Layoffs

Oracle's sudden layoffs have left thousands in shock, but a viral message from a former employee offers hope and resilience.

International Business Times UK

Oracle, darling of the AI boom, is reportedly laying off around 10,000 people

There has been a "significant reduction in force."

PC Gamer

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Indian-origin US doctor reacts to Oracle layoff, says every single H-1B should be sent back home

IT firm Oracle announced a brutal layoff impacting 30,000 employees across the world in a 6am email on March 31. Informing the employees that March 31 was their last working day, the email said the elimination of the role was a part of a broader organizational change. The major layoff…

The Times of India

U.S. Firms Continue To Slash Jobs Amid Record AI Spending And Mega-Deals

Companies such as Oracle and Meta are laying off thousands of employees while simultaneously investing heavily in AI projects and participating in record-breaking mergers and acquisitions.

International Business Times

Tech giant confirms mass job cuts with early morning emails

IN FULL

The Independent UK

Oracle believed to have cut 10,000 positions across multiple divisions as mass layoffs begin to fuel AI investments — company is reportedly reducing headcount to fund data centers

Oracle reportedly cut over 10,000 positions based on reports from various employees. The move comes after the company has spent billions of dollars on AI infrastructure, with some saying that it will be in the red until 2030 after all this spending.

Tom’s Hardware

US tech firm Oracle cuts thousands of jobs as it steps up AI spending

Company chaired by Trump ally Larry Ellison seeks to reassure investors that bet on AI infrastructure will pay off

The Guardian - UK

Oracle Fires 30,000 With a Cold 6 a.m. Email: Here's What It Said That Devastated Teams

The impact of Oracle's global layoff of 30,000 employees is linked to its AI expansion and financial strategies. Learn how this decision affects workers and the company's future.

International Business Times UK

Oracle Layoffs Spark Outrage After Pregnant Employee Let Go via Email

Oracle’s recent wave of workforce reductions has triggered widespread discussion online, with personal stories highlighting the human cost behind the layoffs. Among them, one particularly striking case has drawn attention on social media—a software engineer, 30 weeks pregnant, who was reportedly laid off through an early morning email.

Whats Hot

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International Business Times UK

Oracle Layoffs Hit Staff Worldwide as AI Push Drives Immediate Job Cuts

Oracle initiates global layoffs, cutting hundreds of jobs to boost AI infrastructure investment. Discover the impact on market performance and industry trends.

Whats Hot

Why Oracle Is Trending: Massive Layoffs, Market Pressure, and AI Shift

Oracle, one of the world’s leading technology giants known for its database software and cloud services, has recently found itself at the center of global attention. However, this surge in visibility is not driven by a breakthrough innovation or product launch—it stems from a major restructuring move that has sent…

The Independent UK

Oracle lays off up to 30,000 staff with 6am email

Laid off workers were informed of their job status in early morning email

MarketBeat

Is Oracle the First of the AI Bubbles to Pop?

Oracle’s 60% drop may look like the AI hype is unwinding, but bullish analyst sentiment suggest the selloff may have gone too far.

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PC Gamer

Trump appoints Nvidia's Jensen Huang, AMD's Lisa Su, Meta's Mark Zuckerberg, and more to science and technology advisory committee

Comprised of 'distinguished individuals and representatives from sectors outside of the Federal Government appointed by the President.'

The Conversation

Trump is remaking the US media in his own image – and smashing accountability with it

This is the point of absurdity we have reached: on March 15, US President Donald Trump, in a Truth Social post, asserted that American news organisations were running AI-generated Iranian propaganda, and should be charged with treason for the dissemination of false information. One of the instances he cited was…

Fortune

Trump names Zuckerberg, Huang, Ellison to tech council—but no Musk, no Altman

Trump’s new tech council brings in Silicon Valley heavyweights—but excludes key players shaping the AI race.

Barchart

Bank of America Says Oracle Stock Can Gain More Than 30% from Here. Why?

Bank of America reinstated coverage of ORCL with a $200 price target.

TechRadar

Oracle is revamping how businesses procure AI agents — leave the invoices to AI while you handle the negotiations

Oracle has just added 22 new Fusion Agentic Applications to help finance, HR, supply chain and customer experience leaders.

TechRadar

‘AI is not here to replace expertise, it's here to elevate’: Oracle CEO says the best still to come when it comes to agentic innovation

Oracle CEO outlines his company’s ongoing plan to build “the world's largest AI cloud”.

Barchart

Trading the Saas Apocalypse: Why Are Some Cloud Computing Stocks Bottoming While Others Remain in Freefall?

These 2 diverging cloud computing ETFs paint a stark picture of the ongoing software apocalypse.

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