Techrights — In Time for April Fools (and Easter), 30,000 Oracle 'Pink Slips' While People Are Asleep

Oracle Layoffs 2026: 30,000 Jobs Cut to Fund $150B AI Pivot

Oracle Cutting Thousands of Jobs to Fuel Massive AI Expansion Now the software giant Oracle has started a massive wave of global layoffs. Specifically, the company is letting go of an estimated 20,000 to 30,000 employees. Indeed, this move comes as the company pivots its entire budget toward high-end AI infrastructure. Therefore, the firm is trading human labor for raw computing power. In fact, many staff members woke up to termination emails at…

Oracle Fires 30,000 Employees Overnight to Fund $58 Billion AI Data Center Debt

TLDR: Oracle terminated roughly 30,000 employees via a single early-morning email with no prior warning from management. The layoffs are expected to free up between $8 billion and $10 billion in cash flow for AI infrastructure. Oracle accumulated $58 billion in new debt over two months to fund a large-scale AI data center buildout. Despite the cuts, Oracle posted a 95% jump in net income last quarter, recording $6.13 billion in profit. Oracle l…

Early morning shock, Oracle cuts 30,000 jobs across global teams, India among hardest hit - Times Kuwait

After weeks of speculation, fresh reports suggest that Oracle has begun a fresh round of layoffs, and this time the impact is being felt across teams, including in India, as Oracle lays off 30,000 via e-mail notice. Oracle employees on several social media sites, including Blind, on Tuesday said that many of their coworkers woke up to early morning emails, some as early as 6 am, informing them that their positions had been eliminated with immedi…

Techrights — In Time for April Fools (and Easter), 30,000 Oracle 'Pink Slips' While People Are Asleep

Oracle probably has no choice but to fire a ton of people