Oracle laid off ~13% of its staff to fund a $300B computing deal with OpenAI. Now, a credit downgrade and $7B in required ...

"The adoption and deployment of AI technologies across our operations have resulted, and may continue to result, in reductions to our workforce," Oracle said.

Oracle has begun a second round of layoffs in Romania, notifying around 500 to 520 employees on June 25 with emails headed "collective dismissal-you are a proposed impacted employee." The cuts span ...

Oracle slashed 21,000 jobs and spent $1.84 billion in severance as it redirects capital toward AI infrastructure and a ...

Oracle began layoffs on Tuesday as it seeks to cut costs. Read the email it sent to affected employees.

Another round of layoffs has hit the tech industry, this time at SaaS giant Oracle Corporation (NYSE: ORCL). The job cuts reportedly came out of the blue for most affected employees, with many ...

Oracle cut about 21,000 jobs in fiscal 2026 as it restructures around AI and cloud infrastructure, raising questions for enterprise buyers.

Oracle is joining a growing wave of tech companies cutting jobs as they pour billions into artificial intelligence. This morning, the company began implementing sweeping layoffs across multiple ...

Follow this author to personalize your feed and get instant alerts. WHY FOLLOW? Update your preferences in Account Settings Correspondent Oracle chairman and CTO Larry Ellison at the White House in ...

Oracle Layoffs: Oracle disclosed a 21,000 employee reduction over the past year, citing AI adoption and restructuring amid heavy investments in AI infrastructure.

Oracle layoffs 2026 reduced headcount by 21,000 employees. The company spent USD 1.84 billion on severance and restructuring costs. Annual report confirms a 21000 reduction. News ...