Ellison has a history of changing his plans for distributing wealth.

Larry Ellison has seen an unmatched $49 billion wiped off his net worth in 2026, as this week's software rout deepened his wealth decline. Oracle's cofounder and tech chief was worth $199 billion at ...

Oracle stock surged on Wednesday morning, boosting the value of Larry Ellison's stake by tens of billions.

Billionaire Larry Ellison's Oracle sent layoff emails to employees worldwide at 6 a.m. Tuesday, with some analysts estimating 20,000 to 30,000 job cuts in one of the company's largest workforce reduct ...

Oracle's restructuring is said to be tied to rising costs for building AI data centers and expanding cloud infrastructure.

Oracle layoffs may have intentionally targeted seasoned veterans who were on the verge of significant financial payouts.

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

Outrage continues to build around Oracle’s mass layoffs as some laid-off workers slam the software giant for how it allegedly ...

Company chaired by Trump ally Larry Ellison seeks to reassure investors that bet on AI infrastructure will pay off ...