Oracle Begins New Layoff Round, Stock Falls by Nearly 4%
Oracle has started a fresh round of layoffs as the software giant looks to control costs and commit enormous sums to its artificial intelligence infrastructure buildout. The latest cuts began on Monday, Sept. 14, with affected US employees receiving early-morning emails informing them that their positions had been eliminated and that Monday would be their final working day. The total number of employees affected has not yet been disclosed, although earlier reports indicated that some teams could face reductions reaching double-digit percentages. US workers affected by the latest layoffs were reportedly offered four weeks of base pay plus an additional week for each year of service. Business Insider previously reported that severance could be capped at 26 weeks. Oracles layoffs started well before September The latest cuts are part of a restructuring effort. Oracle initiated its fiscal 2026 restructuring plan during the fiscal year that began in June of 2025. By May 31, 2026, its workforce fell from approximately 162,000 to 141,000 employees. This is a reduction of around 21,000 workers, or 13%, in just one year. Reports of particularly large-scale reductions emerged in March, when Bloomberg said Oracle was preparing to eliminate thousands of positions as it dealt with the financial demands of its









