Oracle gave its new CFO $26M in stock after firing up to 30,000 workers. Employee says an 'algorithm' may have targeted those with stock options first

The cuts came as Oracle posted a 95% profit jump and filed 3,100 H-1B visa petitions.
24/7 Wall St.

A Legendary Value Fund Just Bet Big on Oracle — The Signal Is Hard to Ignore

Oracle (NYSE:ORCL | ORCL Price Prediction) is in the midst of an incredible winning streak. After losing for so long, perhaps ...

Oracle accused of targeting employees with stock options in recent layoffs

Outrage continues to build around Oracle’s mass layoffs as some laid-off workers slam the software giant for how it allegedly ...
Yahoo Finance

Palantir Could Be First Mover in Defense AI -- Oracle, Microsoft to Follow

The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for ...
New York Post

Outrage as Oracle files thousands of foreign-worker requests amid layoff bloodbath

As thousands of Oracle employees awoke on Tuesday to an email informing them they were being laid off, the workers likely didn’t know the tech company had been busy trying to hire foreign staff.
The Business Journals

Savers Value Village to open first store in western Pennsylvania

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Growing national thrift store ...
Indiatimes

Oracle layoffs: Company sets severance condition for laid-off employees: Sign papers first, or…

Oracle has begun its largest-ever round of layoffs, with estimates suggesting up to 30,000 jobs could be cut globally—and the severance comes with strings attached. Affected employees will only ...
CNBC

Oracle layoffs will help cost savings, analysts say

Oracle shares traded slightly lower on Wednesday after news that the company was laying off thousands of workers. The software giant recently said it is raising $50 billion for its data center ...
Bloomberg L.P.

Microsoft Rents Data Center Project Developed for Oracle, OpenAI

Microsoft Corp. will occupy a data center project previously earmarked for Oracle Corp. and OpenAI, scooping up 900 megawatts of capacity after the other two companies walked away from the site. The ...
Reuters

Oracle and OpenAI drop Texas data center expansion plan, Bloomberg News reports

March 6 (Reuters) - Oracle and OpenAI have abandoned plans to expand a flagship artificial intelligence data center in Texas after negotiations dragged over financing and OpenAI's changing needs, ...
The Business Journals

First Community Credit Union celebrates major milestone and large donation to Houston charities

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Houston, TX - First Community Credit Union (First Community ...
Yahoo

Panera Bread unveils first-ever value menu

Add Yahoo as a preferred source to see more of our stories on Google. ST. LOUIS — Panera Bread, or as we St. Louisans call it, Bread Co., launched a new “Mix & Match” value menu aimed at competing ...