Apr, 2026 : Oracle Cuts Deep as AI Spending Forces Mass Layoffs


Oracle Cuts Deep as AI Spending Forces Mass Layoffs

📅 - Oracle has begun laying off thousands of employees this week across the US, India, Canada and Mexico, with termination emails landing early Tuesday morning, according to multiple reports. The cuts, potentially affecting up to 30,000 staff, come as the company redirects capital toward AI infrastructure despite posting strong recent financial results.

The timing is jarring. Oracle just reported a strong quarter, with revenue climbing and executives talking up demand for cloud and AI services. Then, within days, employees were told their roles no longer exist. The official explanation - "broader organizational change" - feels deliberately vague, even by corporate standards.

In India alone, [...][... Check source for end of article ...]
Tags: AI

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