Oracle began layoffs on Tuesday, according to employees and LinkedIn posts, with cuts affecting staff globally, including cloud and engineering roles. The move comes as the company looks to reduce costs while continuing heavy investment in AI and data centers.
The full scale of the layoffs is unclear, though multiple employees reported being impacted. Oracle had around 162,000 employees as of May 2025.
The company is balancing aggressive infrastructure spending — including major data center investments — with cost-cutting efforts. Earlier this year, it raised $50 billion in debt to support this expansion.
Oracle’s stock has fallen nearly 30% this year, as fears that AI could replace traditional software tools have triggered a broader sell-off across the software sector. Chairman Larry Ellison has pushed back on these concerns, suggesting the so-called “SaaSpocalypse” will affect competitors more than Oracle.
The layoffs follow a wider trend across tech, with companies like Amazon, Microsoft, and Meta also cutting thousands of jobs.