Sources: Oracle is cutting thousands of jobs in its latest layoffs as the company continues to ramp AI spending; as of May 2025, Oracle employed 162,000 people
Software maker Oracle has started telling employees that it's conducting a round of layoffs, two people familiar with the move told CNBC.
CNBC Jordan Novet
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Discussion
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r/wallstreetbets
r
on reddit
Oracle cutting thousands in latest layoff round as company continues to ramp AI spending
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r/technology
r
on reddit
Oracle cutting thousands in latest layoff round as company continues to ramp AI spending
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@fraying
Derek Powazek
on bluesky
Oh, yeah, I'm sure it's because of AI and not all the billions these dipshits are shelling out to buy Paramount and WB and CNN and TikTok and shoving directly in Trump's pocket. — thenextweb.com/news/oracle-...
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r/france
r
on reddit
Oracle is cutting up to 30,000 employees to pay for AI data centres
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@ndhapple
Nolan Hicks
on bluesky
At what point does Oracle's share price drop put the Ellisons' WB/Discovery takeover at risk? — www.cnbc.com/2026/03/31/o...
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@norbizness
@norbizness
on bluesky
Guys if we stopped funding slop just because nobody is buying it and it shows no economic advantage for businesses to use and people hate us for it and we're basically gambling the entire company on a single slot machine pull then it'll look like we chickened out, and ORACLE DOES…
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@nixCraft@mastodon.social
@nixCraft@mastodon.social
on mastodon
Oracle laid off between 20,000 and 30,000 employees Tuesday and it started with a 6 AM email. Employees across the US, India, Canada, and Mexico woke up on 31 March to termination emails from “Oracle Leadership” with no prior warning. …