Oracle to cut thousands of jobs in latest layoff round as AI investment ramps up

Oracle has finally broken the news of a round of layoffs, as per a report by CNBC. The latest round of layoffs could lead to thousands losing their jobs. The software company has witnessed a significant plummet of around 27% so far this year, as investors ponder the risks from artificial intelligence models, as well as the effect of infrastructure investment on Oracle’s cash flow.

As the brand continues to promote its flagship database for storing and serving corporate information, Oracle has ratcheted up its capital expenditures as it moves ahead to build data centers and infrastructures that can handle AI workloads.

Oracle employees on several social media sites, including Blind, on Tuesday said that many of their coworkers woke up to early morning emails, some as early as 6 AM. The emails that workers received detailed how their positions had been eliminated with immediate effect. The layoffs will affect parts of Oracle’s computing business in several regions, including India and Mexico.

Several staff members took to Reddit to share their experiences about how they received texts stating that their roles no longer existed. While the number of job cuts remains unclear, reports suggest that Oracle is laying off between 20,000 and 30,000 employees. Social media posts further suggest that these layoffs were carried out without any prior notice, HR discussions, or manager calls.

workers further mentioned said that the emails came directly from leadership and access to internal systems was revoked instantly.

The layoffs are a broader part of a realignment spree, as the company is planning to direct its resources towards high-priority AI initiatives. Several tech giants have showcased similar trends. Amazon has laid off thousands as it aimed to free up money for AI investments.

Oracle has been leaning on the debt market to fund its initiatives. In January, Oracle announced plans to raise $50 billion in debt and equity. Officials from Oracle have said that there are no more plans to raise debt in 2026.Oracle announces a new round of layoffs, potentially affecting thousands amid AI-related risks and infrastructure spending.