Oracle

Oracle employees caught in the company’s latest round of layoffs now know exactly what they’ll leave behind and what they’ll take with them.An internal FAQ document viewed by Business Insider lays out more details for staff impacted, including severance capped at 26 weeks, canceled stock awards, lost bonuses, and deadlines…

Oracle has drawn up plans for a new round of job cuts to reduce payroll as it racks up billions in debt to fund AI infrastructure, according to people familiar with the plans and an internal document viewed by Business Insider.The cuts could reach double-digit percentages on some teams, according…

Michael Burry says he’s shorting Oracle and Nebius, two companies that are betting big on the AI boom.The investor of “The Big Short” fame said in a Substack post on Thursday that while researching the fourth part of a series titled “The Heretic’s Guide to AI’s Stars,” he’d shorted the…