US EditionOracle Layoffs: Company Plans up to 30,000 Job Cuts Amid AI Funding Crunch
Oracle plans to cut up to 30,000 jobs and sell units to address a $156 billion infrastructure funding gap amid rising US borrowing costs, TD Cowen reported.
- On February 2, 2026, Oracle is reportedly considering eliminating between 20000 and 30000 positions and may sell business units, according to CIO citing TD Cowen.
- Investment bank TD Cowen warned Oracle needs nearly $156,000,000,000 for infrastructure while US banks have charged double interest rates since September.
- Requiring 40 per cent upfront deposits, Oracle has raised approximately $58,000,000,000 from debt markets in two months and Asian banks offer loans at premium rates.
- Financing bottlenecks have delayed private data-centre operators from building US data centers, affecting Oracle's expansion, despite planned job cuts potentially freeing $8 billion to $10 billion in cash flow.
- Facilitating large regional builds—including $38,000,000,000 for Texas and Wisconsin—Oracle is considering divesting Cerner, acquired for $28,300,000,000, amid ongoing workforce cuts.
19 Articles
19 Articles
Oracle may lay off 30,000 employees as US banks pull back from AI data-center financing
Oracle is reportedly heading towards another round of layoffs, following the company’s decision to cut around 10,000 jobs in late 2025. According to a report by CIO, citing investment bank TD Cowen, Oracle is considering eliminating between 20,000 and 30,000 positions and may also sell parts of its business as US banks pull back from financing its AI data-center expansion. US banks pull back from Oracle AI data-center financing Multiple US banks…
Oracle layoffs: Company plans up to 30,000 job cuts amid AI funding crunch
In yet another layoff wave, Oracle is reportedly planning to cut around 30,000 jobs. According to the reports, the company might also sell its healthcare software, Cerner to fund in-house AI data-centre.
Oracle could remove up to 30,000 jobs and sell its health technology division to finance the development of AI and the expansion of its data centres according to the investment bank TD CowenOracle wants to raise capital in order to finance its bet on AI and could resort to brutal measures to achieve this. The company would have lost the support of some banks as part of its project to extend its data centres. It would consider abolishing...
Oracle could cut up to 30,000 jobs despite $50Bn fundraise amid AI data centre push
Oracle is reportedly considering cutting 20,000 to 30,000 jobs worldwide as it struggles to balance rising costs tied to its aggressive artificial intelligence and cloud infrastructure expansion. The potential workforce reduction would represent around 10% of Oracle’s global employee base and mark one of the most significant restructurings in its history, reports CIO. The move is seen as a way to cut costs as Oracle spends tens of billions of do…
Oracle considers 30,000 layoffs to fund AI data centre
Oracle is considering cutting between 20,000 and 30,000 jobs and selling some business units as U.S. banks pull back from financing the company’s AI data-centre expansion, according to a research note by investment bank TD Cowen cited by CIO. The potential job cuts could free up between $8 billion and $10 billion in cash flow. The company is also weighing a possible sale of its healthcare software unit, Cerner, which Oracle acquired for $28.3 bi…
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