Oracle’s Pivotal Moment: Ellison Consolidates Power Amid Market Divergence

Oracle Corporation finds itself navigating a period of significant transformation, marked by a stark contrast between Wall Street’s price projections and concerning signals from the debt markets. At the heart of this corporate drama is co-founder Larry Ellison’s decision to personally assume command over nearly half of the company’s workforce, a move that underscores the critical juncture at which the tech giant stands.

A substantial internal power shift is underway at Oracle. Chairman and co-founder Larry Ellison has centralized authority, taking direct managerial responsibility for approximately 40% of all employees. His expanded oversight now includes the finance, human resources, and legal departments. This consolidation of power, occurring Read more...