Oracle is considering workforce cuts and selling Cerner to alleviate financial pressure, warns investment bank TD Cowen.
24mon MSN
Oracle Layoffs: Tech giant to slash 30,000 jobs as banks pull out from financing AI data centres
Over the past few weeks, several US banks have pulled off from lending to Oracle for expanding its AI data centres, as per a ...
Oracle faces massive job cuts, potentially 20,000-30,000, to fund its costly $300 billion OpenAI partnership. The tech giant ...
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.
The Register on MSN
Banker claims Oracle may slash up to 30,000 jobs, sell health unit to pay for AI build-out
Cerner, though acquired in 2022, is nothing to multibillion black hole Oracle could cut up to 30,000 jobs and sell health ...
(KRON) — As the tech layoffs keep rolling in, Oracle announced plans to cut hundreds of jobs across its Bay Area footprint. The tech giant, which was formerly maintained its headquarters in the Bay ...
Oracle Corp. predicted that a massive data center it’s developing for OpenAI in New Mexico will create more jobs than ...
Oracle has begun cutting U.S. jobs as part of a worldwide workforce reduction, according to Bloomberg. Oracle was considering $1 billion cost reduction efforts earlier this year, according to tech ...
NASHVILLE, Tenn — Oracle Corporation announced Wednesday it has requested a public hearing for approval of an Economic Impact Plan with the Metro Industrial Development Board that would bring 8,500 ...
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