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Stockreport

Oracle reported cutting thousands of jobs amid data center growth [Yahoo! Finance]

Amazon.com, Inc. (AMZN)  More Company Research Source: Yahoo! Finance
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: phx.corporate-ir.net/phoenix.zhtml%3fc%3d97664%26p%3dirol-irhome
The job reductions will reportedly affect divisions across the company and may be implemented as soon as this month. Some of the cuts will target job categories that the company expects it will need less of due to AI. The planned reductions are expected to be wider-reaching than the company's typical rolling job cuts. This week, Oracle is said to have announced internally that it would be reviewing many of the open job listings in its cloud division, effectively slowing down or freezing the hiring process. Led by Chairman Larry Ellison, Oracle is undertaking a large-scale build-out of data centers to power AI workloads for customers such as OpenAI. The company, long known for its database software, has been transitioning in recent years to expand its cloud computing unit with a focus on AI, aiming to compete with market leaders Amazon.com Inc. and Microsoft Corp. The company had about 162,000 employees globally as of the end of May 2025. Planning for the workforce reductions is [Read more]
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Stockreport

Oracle reported cutting thousands of jobs amid data center growth [Yahoo! Finance]

Amazon.com, Inc.  (AMZN) 
More Company Research Source: Yahoo! Finance
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: phx.corporate-ir.net/phoenix.zhtml%3fc%3d97664%26p%3dirol-irhome
The job reductions will reportedly affect divisions across the company and may be implemented as soon as this month. Some of the cuts will target job categories that the company expects it will need less of due to AI. The planned reductions are expected to be wider-reaching than the company's typical rolling job cuts. This week, Oracle is said to have announced internally that it would be reviewing many of the open job listings in its cloud division, effectively slowing down or freezing the hiring process. Led by Chairman Larry Ellison, Oracle is undertaking a large-scale build-out of data centers to power AI workloads for customers such as OpenAI. The company, long known for its database software, has been transitioning in recent years to expand its cloud computing unit with a focus on AI, aiming to compete with market leaders Amazon.com Inc. and Microsoft Corp. The company had about 162,000 employees globally as of the end of May 2025. Planning for the workforce reductions is [Read more]
IMPACT SNAPSHOT
EVENT TIME:
AMZN
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS