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Oracle Reportedly Lays off 30,000 Workers as Company Increases AI Spending [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
Karla Marie Sanford 2 min read The official website of the American company Oracle Credit: Samuel Boivin/NurPhoto via Getty NEED TO KNOW Oracle announced thousands of layoffs on March 31 The move comes as the company seeks to raise money for its massive data center infrastructure buildout Other tech companies including Amazon, Microsoft and Meta have also recently laid off thousands of employees Oracle, the software corporation chaired by Larry Ellison , announced thousands of layoffs on Tuesday, March 31, multiple outlets reported. The full extent of the global layoffs is unclear, according to Business Insider , but those affected include software engineers in Oracle's cloud computing business, according to the outlet, which cited LinkedIn posts. As of May 2025, the company employed 162,000 full-time employees, according to public filings. The move comes as the company is seeking to cut costs to fund its increased AI infrastructure spending, Business Insider and [Read more]
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Stockreport

Oracle Reportedly Lays off 30,000 Workers as Company Increases AI Spending [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
Karla Marie Sanford 2 min read The official website of the American company Oracle Credit: Samuel Boivin/NurPhoto via Getty NEED TO KNOW Oracle announced thousands of layoffs on March 31 The move comes as the company seeks to raise money for its massive data center infrastructure buildout Other tech companies including Amazon, Microsoft and Meta have also recently laid off thousands of employees Oracle, the software corporation chaired by Larry Ellison , announced thousands of layoffs on Tuesday, March 31, multiple outlets reported. The full extent of the global layoffs is unclear, according to Business Insider , but those affected include software engineers in Oracle's cloud computing business, according to the outlet, which cited LinkedIn posts. As of May 2025, the company employed 162,000 full-time employees, according to public filings. The move comes as the company is seeking to cut costs to fund its increased AI infrastructure spending, Business Insider and [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