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Business Insider reported Oracle (ORCL.N) has launched a new round of layoffs expected to begin Monday, saying the cuts are aimed at trimming payroll as the company accumulates debt to fund AI infrastructure. Internal documents show some teams face d

2026-09-14

Business Insider reported Oracle (ORCL.N) has launched a new round of layoffs expected to begin Monday, saying the cuts are aimed at trimming payroll as the company accumulates debt to fund AI infrastructure. Internal documents show some teams face double-digit reduction rates. Oracle said headcount fell by 21,000 (13%) in fiscal 2026 ended May 31 and that it had about 141,000 employees before this tranche. The company has amassed hundreds of billions of dollars of debt to build data centers; Q1 capex was $28.5 bln versus $8.5 bln a year earlier, and Oracle is maintaining fiscal 2027 capex guidance of $90–95 bln.

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2026-09-14

Iranian foreign ministry spokesman Baghaei said he has received no update on visas for an Iranian delegation to New York amid questions about US sanctions and that authorities will notify promptly if there is any progress.

Iranian foreign ministry spokesman Baghaei said he has received no update on visas for an Iranian delegation to New York amid questions about US sanctions and that authorities will notify promptly if there is any progress.
2026-09-15

Lithuanian National Crisis Management Center: NATO fighter jets shot down a drone in Lithuanian airspace.

Lithuanian National Crisis Management Center: NATO fighter jets shot down a drone in Lithuanian airspace.
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