As US banks retreat from AI data-centre financing, Oracle is considering cutting up to 30,000 jobs and selling Cerner to ease mounting financial pressure, TD Cowen says.

Over the past few weeks, several US banks have pulled off from lending to Oracle for expanding its AI data centres, as per a ...

The US tech major Oracle is planning to cut between 20,000 and 30,000 jobs as it grapples with mounting financial pressure from its ambitious AI data centre exp ...

Software giant, Oracle Corporation (NYSE:ORCL), has revealed that it is planning to raise between $45 billion and $50 billion in 2026 for the expansion of its cloud infrastructure capacity. • Oracle ...

Oracle is reportedly planning to cut up to 30,000 jobs as banks reduce funding for expensive AI data centre projects. This ...

Under severe financial stress, Oracle plans massive layoffs to redirect funds to the development of AI data centres.

Oracle is looking to raise between $45 billion and $50 billion in the year 2026, in an effort to build additional capacity ...

In yet another wave of layoffs, Oracle is reportedly planning to cut around 30,000 jobs. According to the reports, the ...

Overview Oracle shares fell nearly 1% as reports of large job cuts worried investors.Funding stress around AI data centres raised doubts over Oracle’s expansion ...

Oracle is reportedly planning layoffs of up to 30,000 employees as it faces funding pressure to expand AI data centres, with ...

On January 26, an analyst note from TD Cowen indicated that Oracle was contemplating significant layoffs, potentially affecting 20,000 to 30,000 employees. This drastic measure is projected to yield ...

Oracle is reportedly planning to cut up to 30,000 jobs as the company looks for cash to fund its costly AI data centre ...