{"id":436487,"date":"2026-09-15T10:02:09","date_gmt":"2026-09-15T10:02:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-tx\/436487\/"},"modified":"2026-09-15T10:02:09","modified_gmt":"2026-09-15T10:02:09","slug":"austin-based-oracle-begins-another-round-of-layoffs","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-tx\/436487\/","title":{"rendered":"Austin-based Oracle begins another round of layoffs"},"content":{"rendered":"<p>AUSTIN, Texas \u2014 Austin-based Oracle is cutting more jobs as the company spends billions to expand the data centers powering its AI business.<\/p>\n<p>                                            &#13;<br \/>\n                                                <img decoding=\"async\" src=\"https:\/\/www.kvue.com\/assets\/shared-images\/icons\/arrow-circle-down.svg\" alt=\"\" loading=\"lazy\"\/>&#13;<\/p>\n<p>                                            &#13;<br \/>\n                                                This story continues below.&#13;<\/p>\n<p>The company, which deals with database software and cloud computing, already cut thousands of jobs earlier this year.<\/p>\n<p>\u201cAfter careful consideration of Oracle\u2019s current business needs, we have made the decision to eliminate your role as part of a broader organizational change,\u201d the email to affected employees said, according to The Statesman. \u201cAs a result, today is your last working day.\u201d<\/p>\n<p>Despite the layoffs, the company\u2019s AI business is surging. In its quarterly earnings report last week, Oracle said it booked more than $30 billion in new AI cloud computing contracts in the quarter. Total revenue was up 30% from a year ago, at $19.3 billion, with a net income of $4.7 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"AUSTIN, Texas \u2014 Austin-based Oracle is cutting more jobs as the company spends billions to expand the data&hellip;\n","protected":false},"author":2,"featured_media":436488,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[132,134,133],"class_list":["post-436487","post","type-post","status-publish","format-standard","has-post-thumbnail","category-austin","tag-austin","tag-austin-headlines","tag-austin-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/436487","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/comments?post=436487"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/436487\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media\/436488"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media?parent=436487"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/categories?post=436487"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/tags?post=436487"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}