Software giant Oracle has named Hilary Maxson as its new chief financial officer amid thousands of layoffs that sent shockwaves through the company. Maxson, 48, formerly of Schneider Electric, assumes ...

With Anthropic’s Claude Code and OpenAI’s Codex gaining traction as coding assistants, Cursor has been feeling the pressure to ramp up its own AI-powered coding offerings. Enter Cursor 3, the ...

Cursor announced Thursday the launch of Cursor 3, a new product interface that allows users to spin up AI coding agents to complete tasks on their behalf. The product, which was developed under the ...

Oracle laid off thousands of people on Tuesday in a move that was widely anticipated as more and more tech companies claim they’ll need fewer workers thanks to the AI boom. The total number of people ...

Oracle has cut an unspecified number of jobs as the software giant looks to reduce costs and continue growing its artificial intelligence business, according to former employees and multiple reports.

Oracle is conducting a round of layoffs, two people familiar with the move told CNBC. The layoffs were in the thousands, the people said. The software maker has continued to increase spending on data ...

Oracle laid off some employees on Tuesday, according to two employees and LinkedIn posts. The cuts come as Oracle is trying to cut costs. The company's stock has dropped nearly 30% this year as AI ...

Oracle is joining a growing wave of tech companies cutting jobs as they pour billions into artificial intelligence. This morning, the company began implementing sweeping layoffs across multiple ...

Oracle called recent news reports about Abilene's Stargate data center "false and incorrect" this week. Media reports surrounding the expansion of the artificial intelligence data center indicated a ...

Enterprise software giant Oracle is reportedly planning to ax thousands of jobs due to mounting financial pressure from its aggressive push to build AI-focused data centers. The tech powerhouse may ...

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Oracle Reportedly Planning Thousands of Job Cuts Amid Massive AI Spending Your email has been sent Oracle is reportedly preparing to cut thousands of jobs as the tech giant pours billions of dollars ...