Oracle on Monday appointed Hilary Maxson as chief financial officer, ⁠tapping an executive with experience in infrastructure ...

The cuts come as the software giant invests billions of dollars in expanding its artificial intelligence infrastructure.

Up to 10,000 employees have been impacted by the decision, which Oracle said was part of a "broader organizational change." ...

Oracle began laying off up to 30,000 employees globally, notifying them via a 6 a.m. email from "Oracle Leadership" with no prior warning from HR or managers.

Though Oracle stock is down sharply year to date on debt concerns and geopolitical headlines, Wall Street remains bullish.