Story coverage

Why is Oracle Laying Off Thousands of Employees?

tech

Human

Why is Oracle Laying Off Thousands of Employees?

Oracle is reportedly reducing its headcount by nearly 10,000, amid significant investments in building out its AI infrastructure

11 hours ago

Oracle is reportedly laying off thousands of workers.

economy

Human

Oracle is reportedly laying off thousands of workers.

The cloud giant has started notifying workers of the cuts, which are in the “thousands,” sources tell CNBC. Oracle reported employing 162,000 people as of May 2025, and has plans to raise between $45 and $50 billion this year for its AI infrastructure buildout.

2 days ago

Made withNostr