Why Is Oracle Stock Falling Wednesday? - Oracle (NYSE:ORCL)
12 Articles
12 Articles
Oracle Cuts Cloud Jobs in US, India, and Canada Operations
Oracle Corp. (NYSE: ORCL) is laying off employees across its cloud infrastructure division this week, affecting workers in the United States, India and Canada as the software giant reshapes operations while investing heavily in artificial intelligence. The job cuts target Oracle Cloud Infrastructure teams, including enterprise engineering, data center operations and AI development groups, according to multiple reports and employee accounts. The …
Oracle Layoffs: Over 100 Cloud Jobs Cut Amid Rising AI Costs | Tech Job Cuts 2025
Oracle has reportedly cut more than 100 jobs in its cloud division, with the move linked to the rising cost of building AI infrastructure. The affected employees were informed this week, according to Bloomberg. While the company hasn’t confirmed the exact number, the job cuts are said to be partly tied to performance reviews. Interestingly, Oracle is still hiring in other areas of its cloud business, just not in all locations. The job cuts have …
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