Oracle is reportedly laying off thousands of workers – Breaking News & Latest Updates 2026
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Emma Roth
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.

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