Oracle cuts ~21,000 positions during fiscal year, begins another round in September
SOURCENews reportView the filing ↗
What we know
Location: global.
Based on news reporting.
Summary
Oracle Corporation eliminated approximately 21,000 positions during the fiscal year that ended in May, about 13% of its workforce, with cuts concentrated in R&D (about 7,000), sales and marketing (about 6,000), and roughly 3,000 each in cloud and services. The company began another round of layoffs in September, telling affected employees their positions were being eliminated as part of a broader organizational change, though it has not disclosed how many employees are affected in this new round. Oracle said AI adoption contributed to workforce reductions and could continue to do so, and it raised its fiscal 2026 restructuring costs to about $2.8 billion. At the same time, Oracle is dramatically increasing AI infrastructure spending, planning $90–95 billion in fiscal 2027 capital expenditures and raising $40 billion through debt and equity to fund its buildout.
Oracle Corporation cut 21,000 jobs as of March 31, 2026.
That is roughly 13.2% of the 159,000 people Oracle Corporation employs.
LayoffTalk has tracked 55 layoff events at Oracle Corporation since October 2022, including 3,068 jobs documented in official WARN filings, with 42 additional events known from news reporting.
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