Oracle could cut as many as 30,000 jobs and sell off major assets as it grapples with the ongoing cost of expanding its AI infrastructure, according to an investment banking report. Research published ...

Dow Inc. plans to cut about 4,500 jobs as it aims to simplify and streamline operations. The move is expected to provide at least a $2 billion boost in near-term operating earnings before interest, ...

Amazon is laying off 16,000 employees, the company’s second round of large-scale job reductions in three months as it fights to improve its standing in the battle for AI supremacy. In a blog post ...

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