Oracle gave its new CFO $26M in stock after firing up to 30,000 workers. Employee says an 'algorithm' may have targeted those with stock options first

The cuts came as Oracle posted a 95% profit jump and filed 3,100 H-1B visa petitions.

What draws people into cults? A new book tracks the journeys of two followers

Harrison Hill's book The Oracle's Daughter is a story about the terror of losing the self — but it's also, gratifyingly, a ...
The Next Web

Oracle appoints Hilary Maxson as CFO to manage its $50 billion AI data centre push

Hilary Maxson, formerly group CFO at Schneider Electric, joins Oracle as it cuts 30,000 jobs and commits $50 billion to AI ...

Pimco seeks buyers for portions of $14B Oracle data center financing

Pacific Investment Management Co. (Pimco) is seeking to offload portions of a massive $14 billion debt package linked to Oracle Corp.’s (ORCL) massive data center development in Michigan, according to ...

Oracle axes over 700 workers — the first wave in a bloodbath that could engulf 30K

New details reveal where tech titan Oracle’s layoff axe will fall in the Golden State: 318 workers in Redwood City, 184 in ...

I was laid off from Oracle after almost 10 years. It felt cold, but it taught me an important lesson about priorities.

A laid-off senior principal technical account manager at Oracle shared her layoff experience and the lessons that are helping ...

Oracle’s New CFO Is ‘Built for Capex.’ What Hilary Maxson Means for the Stock.

Oracle’s appointment of Hilary Maxson as its new chief financial officer is a clean fit with the company’s rapid data-center ...

Oracle hires new CFO with $950K salary as thousands face layoffs

Oracle reinstates the CFO role by hiring Hilary Maxson from Schneider Electric as the company reportedly lays off thousands ...

Oracle hires new CFO on mammoth salary after ruthless worker bloodbath

The layoffs coincided with revelations that Oracle has been actively filing petitions to hire foreign workers under the H-1B ...

Oracle hires Schneider Electric's Maxson as CFO amid AI spending boom

Oracle on Monday named Hilary Maxson as its ​chief financial officer, tapping an executive with deep experience in ...
Reuters

Oracle reworks its suite of cloud software as 'agentic apps'

SAN FRANCISCO, March 23 (Reuters) - (This March 23 story has been corrected to clarify that Oracle introduced agentic apps that work across its software suite, rather than individual AI agents, in the ...
hrexecutive

Oracle’s potential mass layoff signals an AI trade-off

When Oracle HCM leaders told HR teams at Oracle AI World last October that 2026 would be “the year of operationalizing AI,” the promise screamed scaling technology. Four months later, when Oracle ...