Oracle has reportedly started to lay off employees, part of a plan to let thousands of employees go as early as August as the database and cloud services vendor gets ready to report results for ...

(Bloomberg) — Oracle Corp. (ORCL) reported disappointing quarterly results and gave a sales and profit forecast for the current quarter that fell short of analysts’ estimates. Fiscal third ...

Reports Q3 revenue $14.13B, consensus $14.39B. “Oracle (ORCL) signed sales contracts for more than $48 billion in Q3,” said Oracle CEO, Safra Catz. “This record sales number pushed our ...

Oracle has recently mulled reducing costs by as much as $1 billion and as a result, possibly letting go of thousands of its employees as early as August, according to a report published Friday by ...