Why Oracle is Cutting 30,000 Jobs Despite a Massive $6 Billion Quarterly Income

Despite soaring profits, Oracle is eliminating tens of thousands of roles to redirect billions into its AI ambitions.

Oracle mass layoffs: All about the severance package offered to the laid-off US employees

Many laid off by Oracle in an early morning email claimed in social media posts that they were blindsided by the news.

Tech giant Oracle makes 'significant' job cuts

It is thought that thousands of people may have lost their jobs at Oracle, one of the world's largest tech companies.

Here's the severance package Oracle offered laid-off US employees

Severance includes 4 weeks base salary plus 1 week per year of employment.

Oracle Fires Thousands Of Employees As AI Spending Ramps Up—Shares Rise 2%

That’s how much Oracle projected in spending for 2026, up from earlier guidance of $35 billion, as the company anticipates growing cloud and AI demand.
India Today on MSN

Oracle is firing 30,000 employees, early morning layoff emails have started arriving

After days of speculation, Oracle is beginning layoffs. Reports suggest that around 30,000 employees are expected to be impacted and layoff emails have already started arriving in mailboxes.

Read the email Oracle is sending to laid-off employees

Oracle began layoffs on Tuesday as it seeks to cut costs. Read the email it sent to affected employees.
The Next Web

Oracle is cutting up to 30,000 employees to pay for AI data centres

Oracle began laying off thousands of employees on 31 March 2026 via 6 a.m. termination emails across the US, India, Canada, and Mexico.