- Oracle has started a new round of layoffs with some departments cut by double digits
- Previous layoffs cut about 21,000 employees, or 13%, by May 31, 2026
- Oracle is expanding its AI infrastructure, financed through significant debt
Oracle has launched a fresh round of layoffs as the software group seeks to rein in payroll costs while committing billions of dollars to artificial intelligence infrastructure, according to a report.
The layoffs, expected to begin on September 14, involve cuts across departments, with some teams facing reductions of more than 10% of their workforce, according to an internal document reviewed by Business Insider.
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The notification email told affected employees that their roles had been eliminated as part of a broader organisational change and that their final working day was immediate, Business Insider reported, citing three affected employees and an internal email.
The latest job cuts follow a broader workforce reduction earlier this year. Oracle's employee count fell by about 21,000, or 13%, during the fiscal year ended May 31, 2026, according to a company filing. The company had approximately 141,000 employees before the latest round.
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Oracle's layoffs come as it takes on tens of billions of dollars in debt to fund data-centre expansion and meet rising demand for AI computing.
The company reported first-quarter capital expenditure of $28.5 billion, up from $8.5 billion a year earlier, and maintained its fiscal 2027 capital expenditure forecast at $90 billion-$95 billion.
The company has not publicly disclosed the number of jobs affected in the latest round. Estimates of 7,000-10,000 cuts remain unconfirmed.
ALSO READ: Oracle Plans More Job Cuts, Adds $700 Million To Restructuring Costs Amid AI Spending
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