Oracle Cuts Thousands of Jobs Across Sales, Engineering, Security (theregister.com)
- Reference: 0181194262
- News link: https://developers.slashdot.org/story/26/03/31/2023228/oracle-cuts-thousands-of-jobs-across-sales-engineering-security
- Source link: https://www.theregister.com/2026/03/31/oracle_cuts_jobs/
> Oracle [2]laid off thousands of employees on Tuesday as it ramps spending on AI infrastructure projects internally and [3]with major technology partners . The layoffs were carried out via email, according to copies of the message viewed by [4]Business Insider . The email told affected workers they would be terminated immediately and to provide a personal email for follow-up.
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> The cuts echo a TD Cowen forecast earlier this year, when the investment bank questioned how Oracle would finance its expanding AI datacenter buildout and suggested headcount reductions [5]could reach 20,000 to 30,000 . It is not clear how many employees were notified on Tuesday, but one screenshot that purports to show the number of internal Slack users showed a drop of [6]10,000 overnight .
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> [...] Oracle employs about 162,000 people, with 58,000 of those in the US and approximately 104,000 internationally. If the rumored cuts of 30,000 are correct, it would amount to 18 percent of the company's workforce. According to posts from Oracle workers on LinkedIn, the cuts were spread through multiple departments around the country, with employees in Kansas, Tennessee, and Texas taking to social media to say they were among those chopped.
"This news didn't seem to affect stock price," adds bobthesungeek76036. " [7]ORCL is up 6% for the day."
[1] https://slashdot.org/~bobthesungeek76036
[2] https://www.theregister.com/2026/03/31/oracle_cuts_jobs/
[3] https://developers.slashdot.org/story/25/09/24/0351254/openai-oracle-softbank-plan-five-new-ai-data-centers-for-500-billion-stargate-project
[4] https://www.businessinsider.com/read-oracle-layoff-email-employees-job-cuts-2026-3
[5] https://developers.slashdot.org/story/26/01/30/1837226/oracle-may-slash-up-to-30000-jobs
[6] https://www.reddit.com/r/employeesOfOracle/comments/1s8nmkr/headcount_update_dooms_day_update_3312026_930_am/
[7] https://investor.oracle.com/stock-information/default.aspx
In related news ... (Score:3)
... the America's Cup challenge team remains intact.
Re: (Score:2)
... and Larry Ellison still owns his own Hawaiian island... you gotta problem with that?
Oracle ... (Score:1)
... stopped making sense long before AI ...
Re: (Score:2)
> The handwriting has been on the wall for years now.
Ah, not yet and likely not for a very long time... as long as Oracle customers keeping stepping into the trap.
The Oracle Licensing Model: A Perpetual Revenue Engine Funding Larry Ellison's Expanding Empire
Larry Ellison has built one of the most resilient revenue machines in enterprise technology. Oracle's licensing structure — characterized by complex, recurring fees, mandatory support contracts, and aggressive audit practices — creates what industry analysts have long described as a **"licensin
Re: (Score:2)
I copy/pasted your comment into a few AI chats. GPT-5 thinks is mostly human. Haiku 3.5 thinks your response is blended AI because of some typos. Grok thinks it's AI all the way. Huzzah!
Who needs employees if you can have AI agents? (Score:3)
Next up : Who needs Oracle if you can have AI?
Bad stuff happening for Oracle? (Score:5, Interesting)
I sure hope so.
The college I used to work for was defrauded of a fairly large sum of money by Oracle.
They had purchased our director of IT who recommended a "new product" they had for handling basically all the accounting, grading and assorted other functions that a college could need.
After something like 2 years of promising "next quarter" they never delivered anything and when Our IT director was fired from the college he was suddenly working for Oracle.
The news didn't affect the stock price ? (Score:2)
It's up 6%. That's no coincidence. Investors tend to like reduction in expenses. They might not like what follows, if Oracle's AI bets don't pan out.
It's not about AI (Score:2)
Nobody wants Oracle products & pesky lawyers any more. AI ain't gonna save you. Sayonara
Stop blaming AI (Score:3)
These were humans that laid other humans off. End of story.
Re:Stop blaming AI (Score:5, Interesting)
Oracle has poured money into AI. Into the datacenter side even, you know the side the hyperscalers who don't make a profit selling to the AI model companies who lose money selling the use of their models for less than it costs them to run them so those customers can also lose money.
It is everything to do with AI. The big silver lining of the whole AI bubble is that it just might destroy Oracle for the good of all mankind.
This is different than people using say Claude Code - spending $200 to get $2000 worth of compute is probably pretty good for as long as the subsidy chain lasts.
Re: (Score:3)
> that it just might destroy Oracle for the good
One can hope, but perhaps they'll get a bail out.
Re: (Score:2)
Well, the humans who are doing the laying off are themselves "blaming" AI, so...
Re: (Score:2)
It is one of AI most compelling use cases and you don't even have to actually use AI. AI is the perfect excuse for humans that laid other humans off while pretending it is not simple cost cutting and downsizing. Sounds better to investors than telling the truth.
Re: (Score:2)
They aren't blaming AI, they are blaming AI Investment, Oracle is in debt up to their eyeballs and is betting it all on AI.
They cut 20% of their staff (Score:2)
There is a reason for that. And it is most likely that they are rapidly freeing up Capital so they can try their hand at AI bullshit along with everybody else.
You don't just cut 20% of your staff like it's nothing. Companies are firing employees left and right to free up capital. This is actually by design it's what high interest rates are designed to do.
If inflation was under control a lot of these layoffs wouldn't be happening because companies would just borrow at low interest rates.
Are you sure about that? (Score:1)
Chatbert the evil HR director is actually OpenClaw running on someone's iPad.
Resistance is futile, you will be hallucinated.