Oracle layoffs

Oracle Plans Fresh Layoffs After Cutting 21,000 Jobs Earlier This Year: Report

As Oracle ramps up its AI investments, it is reportedly preparing another round of job cuts.

Oracle plans more layoffs as it pours billions into AI

Oracle layoffs: Company's '6 am layoff emails' may return in next few days

Oracle is preparing another round of layoffs this month, with cuts reaching double-digit percentages on some teams and managers already asked to name affected employees. The company wants payroll reduced before its second quarter starts on September 1. Oracle has already shed 21,000 jobs in a year, down to 141,000 staff, as it funds a debt-heavy AI data centre buildout that burned $23.7 billion in cash last fiscal year.

Oracle Planning Fresh Round Of Layoffs To Offset AI Infrastructure Costs: Report

Oracle layoffs: Managers asked to pick employees to 'fire' before September 1

Oracle is planning fresh layoffs this month, with managers reportedly asked to identify employees whose roles will go before its second fiscal quarter opens on September 1. Some teams face double-digit percentage cuts. The move follows a year in which Oracle eliminated 21,000 jobs, spent $1.8 billion on restructuring, and poured $55.7 billion into AI data centres.

Oracle To Spend $700 Million To Expand Job Cuts As AI Data Centre Investments Pressure Cash Flow

"With A Heavy Heart": Emotional Post By Techie's Wife After Oracle Layoff

The outpour of posts came as Oracle has begun a fresh round of job cuts.