Oracle

Oracle layoffs: Budget squeeze hits workforce; Cerner healthcare unit among worst affected

Moneycontrol spoke to several Oracle employees across the country, who said teams were asked to meet specific budget cuts rather than reduce a fixed percentage of workforce.

Oracle's Larry Ellison never finished college. Today, his net worth is $188.7 billion

Larry Ellison’s wealth is overwhelmingly tied to Oracle stock, which surged during the AI and cloud infrastructure boom, briefly pushing his net worth above $400 billion in late 2025 before market corrections in 2026 erased part of those gains.

Oracle layoffs: Is India paying the price for its global AI push?

The layoffs, which impacted nearly 50 percent of Oracle’s India workforce, are part of a broader global restructuring that has seen about 30,000 jobs cut worldwide.

‘Shock, grief, uncertainty’: Indian Oracle employees flood social media with emotional posts after layoffs

Thousands of Oracle employees woke up to termination emails on 31 March. Many of them turned to social media to process the shock, seek job leads, and share deeply personal accounts of sudden job loss.

Oracle lays off 30-week pregnant woman after 4 years' service. 'She deserved better,' says husband

'I’m not writing this out of anger,' the laid off Oracle employee's husband shared. 'I’m writing this because people need to see what this actually looks like from the inside.'

Bengaluru Oracle manager laid off after 16-year stint: 'Thinking about family, finances, future'

'It is a strange transition to wake up and realise your daily priorities have shifted overnight,' Hrishikesha Narsha, a former group manager (software development) at Oracle, said.

Oracle doesn't write code, our AI models do: Co-founder Larry Ellison's video is viral amid layoffs

As Larry Ellison’s comments went viral, it also fuelled criticism online, with many users interpreting the remarks as a sign of tech companies embracing automation while cutting off human roles.

Full text of the email Oracle sent to 30,000 laid-off employees at 6 am

Oracle had confirmed the layoffs last week, describing them as part of a restructuring effort to 'rebalance resources' while continuing investment in cloud computing and AI infrastructure.

Oracle Financial Services shares climb nearly 4% amid reports of 12,000 layoffs in India

The stock gained Rs 265 during the session, reflecting investor optimism despite concerns around restructuring linked to rising investments in artificial intelligence

Oracle lays off around 12,000 staff in India; more job cuts likely

Oracle employs around 30,000 people in India, including those impacted by the layoffs. The company declined to comment on the development.

Oracle optimistic about India-US trade deal, to launch 3 multi-cloud data centres by April: India head Shailender Kumar

Oracle is set to offer its multi-cloud services with three new data centres in India by April, two with AWS and one Google Cloud, Kumar told Moneycontrol in an interview.

Oracle may slash 30,000 jobs amid struggle to finance AI data centres

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

Oracle’s value is cut in half from 2025 peak as AI caution rises

The stock’s decline has erased about $463 billion in market value from a record hit on September 10

Techie quits Rs 30 LPA Oracle job to create travel content: ‘Most rewarding decision’

'It is scary. I don't know what the future holds, but what I know is that I can always get a job in another five years, but what I can't get back is this moment, the energy, the youth, and the fire in me to explore the world,' former Oracle developer and content creator Vanathi S said.

Oracle slides by most since January on mounting AI spending

Oracle’s stock had already lost about a third of its value through Wednesday’s close since a record high on Sept. 10. Meanwhile, a measure of Oracle’s credit risk reached a fresh 16-year high.

Oracle slump sends Larry Ellison sliding down ranks of world’s richest

Oracle’s swoon has vaulted Alphabet Inc. co-founder Larry Page past Ellison and into the number two spot on the Bloomberg Billionaires Index for the first time.

Bengaluru Oracle techie quits job to sell falooda, builds 18 outlets in 6 years: 'Everyone thought...’

'I had the perfect 9-5, good salary, beautiful family. Society said: You’re settled. But something inside me wasn’t,' Pradeep Kannan said. His decision, which many called reckless at the time, has since paid off.

Inside Oracle’s push to end single-vendor GPU dependence

As demand for foundation model training continues to accelerate, cloud providers have been forced to rethink how they secure compute and how much control they cede to the vendor that dominates it.

Why $800-billion Oracle wants to build AI-powered ambulances?

The Texas-headquartered tech giant is building AI-powered ambulances as part of its broader push to create a fully connected healthcare ecosystem

Oracle to deploy 50,000 AMD GPUs by 2026 as competition heats up with Nvidia

The announcement comes at a time when most hyperscalers, including Amazon, Microsoft, and Google, rely heavily on Nvidia hardware and software stacks for AI workloads. Over 90 percent of the world's heavy-duty GPUs are provided by Nvidia.

The trillion-dollar merry-go-round: Inside AI's circular economy

For now, the merry-go-round keeps spinning, faster and more expensive. Whether it leads to success or failure will be the trillion-dollar question of the decade

OpenAI’s computing deals top $1tn

Partners including Nvidia, AMD and Oracle have signed up to Sam Altman’s huge bet on the future of artificial intelligence

Hackers extort executives after claiming Oracle apps breach

A group of hackers claimed to have breached Oracle’s E-Business Suite, which runs core operations including financial, supply chain and customer relationship management

Oracle appoints new co-CEOs as AI-fuelled cloud surge reshapes company

The transition comes at a time when Oracle is riding the wave of the artificial intelligence boom. Once seen as a laggard in cloud computing, Oracle has turned itself into one of the hottest names on Wall Street by offering scarce Nvidia GPUs and its Gen2 infrastructure to customers racing to deploy AI.