Oracle 30,000 job cuts incoming: Nearly 18% workforce may be affected despite AI and cloud expansion

Oracle could complete nearly 30,000 layoffs by mid-June 2026 as it expands AI and cloud infrastructure investments despite reporting strong revenue growth and rising demand for AI services.

Oracle layoffs in June 2026: Report claims 30,000 more job cuts coming despite AI and cloud growth

Oracle is reportedly set to complete nearly 30,000 job cuts by mid-June 2026, even as the company records strong cloud and AI growth and invests heavily in infrastructure.