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 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.
Oracle cut about 21,000 jobs in fiscal 2026 as it restructures around AI and cloud infrastructure, raising questions for ...
Oracle is reportedly entering the final stage of a major workforce reduction programme that could result in nearly 30,000 job cuts worldwide, representing around 18% of its global employee base. The ...
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