Oracle initiates another wave of layoffs

Oracle has initiated a new round of layoffs, according to three individuals affected by the move and an internal email shared with Business Insider. The job cuts, which had reportedly been anticipated to start on Monday, come amid growing financial pressures as the company invests heavily in artificial intelligence infrastructure. Posts about the layoffs began appearing on platforms such as LinkedIn, Reddit, and Blind on Monday, with employees sharing news of their departure from the global software giant.

The layoffs follow a series of earlier workforce reductions this year. Documents reviewed by Business Insider last month indicated that Oracle had drawn up plans for significant job cuts, some teams facing reductions in the double-digit percentages. The company has not issued any official comments on the current round of cuts, despite multiple requests for clarification.

Oracle’s workforce has already seen a notable contraction. In a recent filing, the company reported that its global headcount decreased by 21,000 employees, or roughly 13 percent, during the fiscal year that ended May 31, 2026. Prior to this latest round, Oracle’s workforce stood at around 141,000 employees, according to company figures.

The cost-cutting measures come as Oracle racks up tens of billions of dollars in debt to support the aggressive build-out of data centers aimed at capitalizing on surging demand for AI services. The company reported $28.5 billion in capital expenditures in the first quarter, a substantial increase compared to $8.5 billion the previous year. Oracle’s fiscal 2027 capital expenditure forecast remains between $90 billion and $95 billion, underscoring its commitment to scaling up infrastructure, even as investors debate the risks and timing of returns from such a large outlay.

While Oracle’s latest earnings did point to some positive indicators, including growth in its cloud division, there is skepticism from analysts and investors over whether its massive investment in AI infrastructure will ultimately pay off. The company’s financial strategy centers on a bet that AI-driven demand for cloud computing and data services will continue to accelerate, offsetting the ballooning debt and ongoing restructuring.

This story is ongoing, and more details are expected to emerge as the situation develops. Business Insider encourages those with information about the layoffs or Oracle’s corporate strategy to reach out securely via email or encrypted messaging.