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Showing Original Post only (View all)Larry Ellison's Oracle lays off up to 30,000 staff with 6am email [View all]
https://www.the-independent.com/tech/oracle-layoff-ai-data-centre-b2950165.htmlOracle lays off up to 30,000 staff with 6am email
Laid off workers were informed of their job status in early morning email
Vishwam Sankaran
Wednesday 01 April 2026 10:31 EDT
Tech giant Oracle has laid off thousands of its workforce in massive job cuts that could reportedly impact 30,000 employees globally amid the companys push to fund more artificial intelligence infrastructure.
Employees in the U.S., India, Canada, Mexico, and other countries began receiving job termination emails from Oracle Leadership at about 6 am local time Tuesday, sparking what could be the largest layoff in the companys history, Business Insider first reported.
About 12,000 of the companys employees in India have been laid off, according to local news reports.
Oracles termination emails to its laid-off staff cited broader organisational change in what is widely seen as a reference to the tech giants recent push to build more AI data centres.
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Appears that he's a little cash strapped after Saudi decided not to fund his purchase of merger. This
in2herbs
Thursday
#10
No federal funds for companies that refuse to provide jobs for Americans.
travelingthrulife
Thursday
#12
I suspect that a lot of these people will find jobs as Oracle DB administrators, or the like (supporting Oracle-related
SWBTATTReg
Thursday
#14
I'm not shocked he over leveraged his company with his purchase of cbs and Warner bros media
kimbutgar
Thursday
#16
He doesn't own Warner Bros yet, just has made an offer that won't close until maybe September/October 2026
ToxMarz
Thursday
#22
I hope he backs out of the deal as the economy gets worst and oracle loses stock value.
kimbutgar
Thursday
#24