Oracle started laying off employees on Tuesday, according to two affected workers and several social media posts.<\/p>\n
The cuts appear to have affected employees globally, but the full extent of the layoffs could not be immediately learned. More than a dozen people posted on LinkedIn on Tuesday to announce they had been impacted by the layoffs.<\/p>\n
Affected roles appear to include staff in Oracle’s cloud computing business, per LinkedIn posts reviewed by Business Insider. Several of the employees who posted were software engineers.<\/p>\n
An Oracle spokesperson declined to comment.<\/p>\n
Oracle employed around 162,000 full-time employees as of May 2025, according to its most recent 10-K filing.<\/p>\n
The cuts come as Oracle seeks to curb costs. Earlier this month, Oracle executives told investors not to worry about its significant data center spending because the company is “very, very good” at cost-cutting<\/a>.<\/p>\n In January, Business Insider reported<\/a> that Oracle was struggling to find financing for Stargate, its $500 billion data center initiative with OpenAI. In February, Oracle announced a $50 billion debt raise to help fund its infrastructure buildout.<\/p>\n Oracle’s stock has dropped nearly 30% this year. Fears that AI will replace traditional software tools have driven a broad sell-off of software stocks. On an earnings call earlier in March, Oracle Chairman Larry Ellison downplayed those fears,<\/a> telling analysts he believes the so-called SaaSpocalypse will be a problem for other companies, but not his.<\/p>\n The cuts are the latest example of tech companies reducing head count. In January, Amazon said it would slash about 16,000 corporate roles<\/a>, months after cutting 14,000. Microsoft said last year it would eliminate<\/a> about 15,000 positions. And last week, Meta began laying off hundreds of employees<\/a>, following several years of cuts that resulted in thousands of roles being axed.<\/p>\n This is a developing story.<\/p>\n Have a tip? Contact this reporter via email at astewart@businessinsider.com<\/a> or Signal at +1-425-344-8242. Use a personal email address and a nonwork device; here’s our guide to sharing information securely<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"Oracle started laying off employees on Tuesday, according to two affected workers and several social media posts. The…\n","protected":false},"author":2,"featured_media":556341,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45],"tags":[182,181,507,74],"class_list":{"0":"post-556340","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-artificial-intelligence","8":"tag-ai","9":"tag-artificial-intelligence","10":"tag-artificialintelligence","11":"tag-technology"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/556340","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=556340"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/556340\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/556341"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=556340"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=556340"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=556340"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}