Oracle is cutting thousands of jobs as part of a broader organizational change, a move that comes as the tech giant grapples with a 25% drop in its stock price this year. The layoffs will affect employees globally across various departments, including Oracle Health, Sales, Cloud, Customer Success, and NetSuite.
As of May 2025, Oracle employed approximately 162,000 people, making this decision a significant shift for the company. In an internal notification email, Oracle stated, “After careful consideration of Oracle’s current business needs, we have made the decision to eliminate your role as part of a broader organizational change.” Another email indicated, “Today is your last working day.”
The layoffs come amid growing market panic regarding competitive risks posed by generative artificial intelligence models. Investors are increasingly concerned about Oracle’s reliance on the debt market to fund its AI infrastructure buildout, especially as the company plans to raise $50 billion in debt and equity for these investments.
Oracle’s core business is under pressure, and the company is not alone in facing challenges. Earlier this year, Amazon announced it would cut about 16,000 corporate roles, reflecting a broader trend in the tech industry.
Observers are closely watching how these layoffs will impact Oracle’s operations and its ability to compete in the rapidly evolving AI landscape. Details remain unconfirmed regarding the total number of positions affected and the specific departments involved in the cuts.