Oracle lays off thousands in latest sign of tough times for tech industry
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Software giant Oracle on Tuesday started laying off workers as it looks to rein in costs and double down on artificial intelligence.On LinkedIn, Oracle employees, including software engineers, account executives and program managers, shared publicly that they were affected by a mass layoff at the company and were looking for new jobs.Oracle was founded in California, but moved its headquarters to Austin, Texas, in 2020.
The company, which sells software and other services to help businesses manage and store data, hasn’t said publicly how many jobs were cut.CNBC, citing people familiar with the matter, reported that Oracle was slashing thousands of workers.
As of May 2025, Oracle had 162,000 workers.Oracle has offices throughout the world, including in California in Irvine, Santa Monica, Redwood City and Santa Clara.It’s unclear if the mass layoff also affected workers in California.
Oracle declined to comment.The company is the latest tech firm to shed workers as it focuses more heavily on AI.Meta, Block, Amazon, Salesforce and other tech giants have continued to lay off their workers even as they hire for other roles and spend billions of dollars on AI data centers and products.
U.S.-based tech employers announced more than 33,000 job cuts from January to February, up 51% compared with the same period last year, outplacement firm Challenger, Gray & Christmas said in March.Business Thousands of tech workers have already lost their jobs this year and leaders at some companies say AI will enable employers to do more with smaller teams.Business Insider reported earlier on the Oracle cuts, citing an email the company sent to employees early Tuesday.
“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.As a result, today is your last working day,” the email stat...