Oracle builds databases, business applications, and cloud infrastructure for companies and public-sector organizations. Oracle Database stores and processes business data, while Oracle Cloud Infrastructure provides computing, storage, and networking for applications and AI workloads. Fusion Cloud Applications support finance, human resources, supply chains, and customer service, helping businesses manage everyday operations and reporting. Customers pay for cloud subscriptions and usage, software licenses, support, hardware, and consulting, with deployment options in Oracle's cloud or their own data centers. Oracle was founded in 1977 and is headquartered in Austin, Texas.
Company Size
10,001+
Company Stage
IPO
Headquarters
Austin, Texas
Founded
1977
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401(k) Savings and Investment Plan with company match
Paid time off: Flexible Vacation is provided to all eligible employees assigned to a salaried (non-overtime eligible) position. Accrued Vacation is provided to all other employees eligible for vacation benefits. For employees working at least 35 hours per week, the vacation accrual rate is 13 days annually for the first three years of employment and 18 days annually for subsequent years of employment. Vacation accrual is prorated for employees working between 20 and 34 hours per week. Employees working fewer than 20 hours per week are not eligible for vacation.
11 paid holidays
Paid sick leave: 72 hours of paid sick leave upon date of hire. Refreshes each calendar year. Unused balance will carry over each year up to a maximum cap of 112 hours.
Paid parental leave
Adoption assistance
Employee Stock Purchase Plan
Financial planning and group legal
Voluntary benefits including auto, homeowner and pet insurance
Simply Wall St has highlighted three founder-led US stocks for investors who want company leaders with a stake in the outcome. The picks come from a screener that surfaces 25 more such businesses. Credo Technology Group Holding makes high-speed connectivity chips and cables. It earns about $1.6 billion from semiconductors and has a market value near $40.7 billion. Its DustPhotonics acquisition pushes it into longer-range, higher-bandwidth products. Oracle, shaped by Larry Ellison's ownership, draws most of its $71.8 billion revenue from cloud and software. Its market value is near $428.7 billion. Nu Holdings, co-founded by David Vélez, has $8.4 billion in banking revenue and a market value of about $77.9 billion. Brazil's central bank will require it to obtain a full banking licence by 2026.
Oracle and Cisco are both positioned to benefit from growing AI infrastructure demand, though through different approaches. Oracle focuses on cloud computing power through its Oracle Cloud Infrastructure, while Cisco concentrates on networking and security, including its Secure AI Factory partnership with Nvidia. Oracle reported annual sales of $67.36 billion and net income of $17.09 billion, outpacing Cisco's $63.33 billion in sales and $13.27 billion in profit. Oracle trades at 22 times forward earnings versus Cisco's 27 times. Both companies offer a 1.4% dividend yield. However, Oracle's payout ratio stands at 29%, compared with Cisco's 45%, providing more reinvestment flexibility. Cisco has delivered stronger stock performance with 112% returns over five years, more than double Oracle's 51%. Analysts rate Oracle a "Strong Buy" and Cisco a "Moderate Buy".
Oracle is trucking natural gas directly to its data centres to address power supply challenges. The company is considering this approach to accelerate construction in New Mexico, where a delayed gas pipeline is holding up one of its crucial data centres. The strategy represents an unconventional solution to infrastructure bottlenecks that typically slow data centre deployment. By bypassing traditional pipeline infrastructure, Oracle aims to maintain its build schedule despite local energy supply limitations. The move highlights the growing power demands of modern data centres and the creative approaches technology companies are adopting to secure reliable energy sources for their expanding infrastructure needs.
Oracle cuts another 70 jobs in Ireland as its Israel operation keeps hiring. The latest layoffs come after Oracle eliminated around 21,000 positions globally to help fund its costly AI infrastructure push. No significant recent cuts are known in Israel, where the company is believed to employ 400-500 people. 21:20, 07.10.26 Oracle is cutting another 70 jobs in Ireland as it continues a sweeping global restructuring aimed at reducing costs and redirecting resources toward artificial intelligence infrastructure. Yet while layoffs have spread across Oracle's operations in the United States, Ireland and elsewhere, its Israeli operation appears to be telling a different story. Oracle Israel, which is believed to employ around 400 to 500 people, has not been known to have experienced any significant recent layoffs. At the same time, Oracle's careers site currently lists 33 openings in Israel, including several roles directly tied to Oracle Cloud Infrastructure. Among them are network development positions focused on the reliability and operation of Oracle's cloud network infrastructure, as well as a senior technical operations role in Petah Tikva supporting Oracle Cloud production environments. Other major Oracle locations, including India and Ireland, currently have no listed openings. Oracle has already eliminated over 21,000 jobs globally, or about 13% of its workforce, as it restructures the business while dramatically increasing spending on data centers and AI infrastructure. The latest cuts are in Ireland, where Oracle has told employees it plans to eliminate another 70 positions. The company began a collective redundancy process this week, with most of the planned cuts concentrated in engineering and development, alongside some positions in sales and finance. Oracle had already eliminated around 150 jobs in Ireland this year. Following those earlier cuts, the company employs approximately 650 people in the country. The Irish reductions are the latest in a series of layoffs at Oracle this year. Oracle began another round of cuts in September, although the company did not disclose the number of employees affected and it was unclear at the time whether the reductions extended to Israel. Further details later emerged showing that 546 employees in Oracle's America Cloud Infrastructure organization were affected. Software developers, infrastructure engineers and managers were among those hit hardest. The cuts are part of a much larger restructuring. Oracle reduced its global workforce by approximately 21,000 employees during fiscal 2026, bringing headcount to around 141,000. Research and development lost about 7,000 employees, sales and marketing about 6,000, while cloud and services each lost roughly 3,000. Oracle has also continued to increase the expected cost of the restructuring. In September, the company raised its projected restructuring costs by another $700 million, bringing the expected total to approximately $2.8 billion. The expenses include severance, contract terminations and other exit costs. The layoffs make more sense when viewed alongside where Oracle is putting its money. The company is engaged in a massive expansion of its cloud infrastructure, building data centers and increasing its capacity to support the growing demand for AI computing. Oracle reported $28.5 billion in capital expenditures in its latest quarter, compared with $8.5 billion a year earlier. It has maintained a forecast for fiscal 2027 capital expenditures of between $90 billion and $95 billion. Oracle's new CFO, Hilary Maxson, has described the restructuring as an effort to become more selective about where the company puts its money and employees' time, rather than simply asking workers to do more with less. The company's workforce reductions have also been explicitly linked to AI. Oracle said in its annual report that the adoption and deployment of AI technologies across its operations had resulted, and could continue to result, in workforce reductions.
NovelVox achieves Five9 Select ISV Partner status to accelerate CX transformation in banking, credit unions, and healthcare. Oct 07, 2026, 09:00 ET Industry-ready integrations with Jack Henry, Fiserv, FIS, Corelation KeyStone, Oracle Health, and other core platforms help Five9 customers connect agent and AI-powered customer experiences with critical systems of record ROSWELL, Ga., Oct. 7, 2026 /PRNewswire/ - NovelVox, the execution layer for AI and unified agent experiences in regulated industries, today announced that it has achieved Select ISV Partner status with Five9 (NASDAQ: FIVN), provider of the Intelligent CX Platform. The elevated designation builds on NovelVox's existing Accreditation as a Five9 ISV partner and establishes a formal reseller relationship between the two companies, enabling a direct offer of NovelVox's Agent Accelerator solutions for banking, credit unions, and healthcare verticals, along with its Contact Center Integration Platform (CCIP), to joint customers. The milestone gives Five9 customers a streamlined, validated path to connect the Five9 Intelligent CX Platform with the core systems and workflows that power their industry operations. For Five9 customers, NovelVox brings ready integrations with platforms, including Jack Henry, Fiserv, FIS, Corelation KeyStone, and Oracle Health. These integrations make it easier to connect the contact center with systems of record and accelerate the deployment of industry-specific customer service, sales, and self-service workflows. For agents, NovelVox Agent Accelerator connects the Five9 experience directly into core systems of record, bringing customer, member, patient, and interaction context into a single view. Instead of switching between multiple applications to find information or complete routine actions, agents can execute workflows directly from a single view, improving productivity and creating more seamless customer interactions. NovelVox CCIP extends that same connectivity beyond the agent desktop into IVR, AI, and self-service experiences. Rather than simply answering questions, organizations can enable governed actions such as retrieving information, validating customer details, supporting transactions, and completing service workflows. The result is greater continuity across the customer journey. When an interaction moves from self-service to a live agent, the captured context moves with it, so customers don't repeat themselves and agents start with a clearer picture of what's already happened. "The next phase of customer experience is not simply about adding AI to the contact center - it is about connecting both AI and human interactions with the systems where customer work actually gets done," said Amit Gandhi, CEO of NovelVox. "Together, Five9 and NovelVox can help banking, credit union, and healthcare organizations bring that execution layer into their customer journeys. With industry-ready integrations and unified workflows, organizations can move faster while delivering more connected experiences across both agents and self-service." "Five9 gives banking, credit union, and healthcare organizations an AI-powered platform built for the contact center, and NovelVox brings the industry-ready integrations that connect it to the core systems where customer work actually happens," said Meg Higgins, SVP of Business Development at Five9. "That combination is especially powerful for regulated industries, where NovelVox's integrations with core banking and healthcare systems help agents resolve requests faster, reduce compliance risk, and give customers a more connected experience across both live and self-service channels." About NovelVox NovelVox is the execution layer for AI and unified agent experiences, helping enterprises connect customer interactions with the systems, workflows, and actions required to complete them. With more than 17 years of experience, 250+ customers, and 1,000+ installations, NovelVox supports organizations across healthcare, financial services, insurance, automotive, and other workflow-intensive industries through solutions designed to improve agent productivity, enable governed AI execution, and deliver connected customer experiences. SOURCE NovelVox