It’s unclear exactly how many employees lost their jobs, with reports ranging from 10,000 to 30,000. The latter would represent almost 19% of the company’s 162,000 workers.
The abrupt communication, combined with reports of immediate system access revocation, has intensified concerns about how the layoffs were handled.
Oracle has fixed a zero-day vulnerability in one of its flagship business software products that a hacking group is currently abusing to steal personal information about corporate executives. In a ...
Oracle has confirmed that the threat actor group Cl0p is actively exploiting a zero-day vulnerability in the Oracle E-Business Suite product, versions 12.2.3-12.2.14. On October 4, 2025, Oracle ...
The disclosure follows reports that the cybercriminal group Clop has been extorting a significant number of E-Business Suite customers. Oracle is now linking a widespread data extortion campaign ...
No company worth over $500 billion has ever gained more than 25% in a single day. Oracle's stock increased by far more than that on Wednesday. Oracle's stock rocketed 36% in Wednesday trading. Oracle ...