Big Tech company Oracle has started laying off thousands of employees worldwide as it seeks to cut costs. The layoffs, which began on Tuesday, affect workers across various regions and have been met with a mix of shock and relief from those who received the news. According to Oracle’s most recent 10-K filing, the company employed around 162,000 full-time employees as of May 2025. The cuts are part of a broader organizational change aimed at addressing the company’s current business needs.
The layoffs have affected staff across different departments, including Oracle Health, Sales, Cloud, Customer Success, and NetSuite. Employees who were let go received notifications that signaled immediate job termination, with severance packages offered as part of the separation process. The company has declined to comment on the layoffs, which follow similar reductions in headcount at other major tech companies such as Amazon and Meta.
As Oracle continues to navigate its new organizational structure, it’s clear that the company is taking a significant step towards adapting to changing market conditions and industry trends. While the news may be unsettling for those affected, it remains to be seen how these layoffs will impact the company’s future growth and success.
Source: https://www.businessinsider.com/read-oracle-layoff-email-employees-job-cuts-2026-3