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SEATTLE — Oracle is laying off almost 500 employees in Washington. Oracle is a global tech company that specializes in ...

Oracle announced it is laying off nearly 500 employees based in Washington.

The cuts come as the software giant invests billions of dollars in expanding its artificial intelligence infrastructure.

Oracle began laying off up to 30,000 employees globally, notifying them via a 6 a.m. email from "Oracle Leadership" with no prior warning from HR or managers.

Shares of Oracle (ORCL) jumped about 10% premarket on Wednesday after fiscal third-quarter results and outlook beat estimates and drew positive reactions from analysts. J.P. Morgan upgraded Oracle's ...

Oracle proved the artificial-intelligence doubters wrong on Tuesday as the company beat expectations on revenue and earnings, while disclosing that it doesn’t expect it will need to take on more ...

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