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Oracle Corporation (ORCL)

Market Closed
16 Oct, 08:00 PM
NYSE NYSE
$
128. 22
-6.25
-4.6479%
$
407.67B Market Cap
28.54 P/E Ratio
0.01% Div Yield
34.74M Volume
5.03 Eps
$ 134.47
Previous Close
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Day Range
127.36 133.8
Year Range
114.5 304.28
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Oracle layoffs: Stock price rises as sudden job cuts shock employees

Oracle layoffs: Stock price rises as sudden job cuts shock employees

Another round of layoffs has hit the tech industry, this time at SaaS giant Oracle Corporation (NYSE: ORCL).

Fastcompany | 6 months ago
Oracle layoffs hit thousands, but stock jumps 6%: here's why

Oracle layoffs hit thousands, but stock jumps 6%: here's why

Oracle has reportedly begun laying off employees across parts of its global workforce. The layoffs come as a new phase in the company's restructuring as it pours money into artificial intelligence infrastructure and data-center expansion.

Invezz | 6 months ago
Oracle Cuts Thousands of Jobs After Monthslong Stock Decline

Oracle Cuts Thousands of Jobs After Monthslong Stock Decline

Oracle is cutting thousands of jobs, CNBC reported Tuesday (March 31), citing unnamed sources. The software maker, which employed 162,000 people as of May, has seen its stock price drop 25% this year, according to the report.

Pymnts | 6 months ago
Big Tech Faces Another Large Round of Layoffs. This Time It's Oracle.

Big Tech Faces Another Large Round of Layoffs. This Time It's Oracle.

Another tech giant is cutting jobs as AI spending grows.

Investopedia | 6 months ago
Oracle laying off thousands of workers to cut costs amid AI push: report

Oracle laying off thousands of workers to cut costs amid AI push: report

Oracle is reportedly moving forward with layoffs as the software giant looks to restructure its workforce amid an investment in building out AI infrastructure.

Foxbusiness | 6 months ago
Oracle Lays Off Workers Amid Heavy AI Investment

Oracle Lays Off Workers Amid Heavy AI Investment

Investors see the database firm as a barometer of the financial prospects for artificial intelligence. Oracle's stock was up 5%.

Wsj | 6 months ago
Oracle Fires Thousands Of Employees As AI Spending Ramps Up—Shares Rise 2%

Oracle Fires Thousands Of Employees As AI Spending Ramps Up—Shares Rise 2%

Oracle on Tuesday conducted a round of layoffs affecting thousands of employees, citing “current business needs,” according to multiple reports, resulting in a rise in the software maker's stock as it plans to ramp up spending on AI this year.

Forbes | 6 months ago
Oracle lays off employees as it curbs costs during AI buildout

Oracle lays off employees as it curbs costs during AI buildout

Oracle laid off some employees on Tuesday, according to two employees and LinkedIn posts. The cuts come as Oracle is trying to cut costs.

Businessinsider | 6 months ago
Oracle stock is down 60% in 7 months, but analysts see 127% upside ahead

Oracle stock is down 60% in 7 months, but analysts see 127% upside ahead

Shares of Oracle have come under sustained pressure in recent months as investors worry about heavy spending on artificial intelligence infrastructure. However, analysts at Bernstein argue that the company's strategy is likely to deliver significant long-term gains.

Invezz | 6 months ago
Oracle to pay 2026's first dividend in April; Here's how 100 ORCL shares will earn

Oracle to pay 2026's first dividend in April; Here's how 100 ORCL shares will earn

Oracle (NYSE: ORCL) is set to pay its first dividend of 2026 on April 24, continuing its quarterly distribution schedule to reward shareholders.

Finbold | 6 months ago
Oracle vs. Alibaba: Which Cloud & AI Giant Has an Edge Right Now?

Oracle vs. Alibaba: Which Cloud & AI Giant Has an Edge Right Now?

ORCL's surging cloud growth, $553 billion backlog and AI push contrast sharply with BABA's weak revenue and profit slump, shifting the edge decisively.

Zacks | 6 months ago
Oracle: Multicloud A Recurring Revenue Engine

Oracle: Multicloud A Recurring Revenue Engine

Oracle Corporation delivered its strongest quarter in 15 years, with Q3 revenue up 22% YoY to $17.2 billion and cloud revenue comprising 52% of total sales. ORCL's multicloud database strategy—embedding Exadata hardware in competitor clouds—drives high-margin, defensible growth and converts its installed base into a growth engine. Despite a $553 billion backlog and strong revenue visibility, Oracle faces risks from customer concentration, high leverage, and ongoing database franchise erosion.

Seekingalpha | 6 months ago
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