Oracle is preparing another round of job cuts as it increases spending on AI infrastructure. Managers have been asked to identify employees who could be affected before September 1, with some teams facing possible double-digit reductions, according to reports. Oracle has not confirmed the new layoffs. The company expects to raise $45 billion to $50 billion in 2026 to fund data-centre and cloud expansion for AI workloads, including capacity for customers such as OpenAI. Its workforce already fell by about 21,000 during the financial year ended May 31, ending at roughly 141,000 employees, a decline of about 13%. Oracle has said the adoption and deployment of AI technologies across its operations have contributed to workforce reductions and may continue to do so. Restructuring costs reached about $1.8 billion in the latest year. The reported moves highlight the growing link between heavy AI infrastructure investment and ongoing cost control through headcount changes.
Oracle is preparing another round of job cuts as it increases spending on AI infrastructure. Managers have been asked to identify employees who could be affected before September 1, with some teams facing possible double-digit reductions, according to reports. Oracle has not confirmed the new layoffs. The company expects to raise $45 billion to $50 billion in 2026 to fund data-centre and cloud expansion for AI workloads, including capacity for customers such as OpenAI. Its workforce already fell by about 21,000 during the financial year ended May 31, ending at roughly 141,000 employees, a decline of about 13%. Oracle has said the adoption and deployment of AI technologies across its operations have contributed to workforce reductions and may continue to do so. Restructuring costs reached about $1.8 billion in the latest year. The reported moves highlight the growing link between heavy AI infrastructure investment and ongoing cost control through headcount changes.