Oracle has started a new round of layoffs, according to three people impacted and an email shared with Business Insider.
The layoffs had been expected to begin on Monday, according to a source with knowledge of the matter.
"After careful consideration of Oracle's current business needs, we have made the decision to eliminate your role as part of a broader organizational change," copies of layoff notification email viewed by Business Insider stated. "As a result, today is your last working day."
Business Insider last month reported that the company had drawn up plans for a new round of job cuts to reduce payroll as it racks up billions in debt to fund AI infrastructure.
The planned cuts reached double-digit percentages on some teams, according to an internal document.
On Monday, posts started appearing on LinkedIn, Reddit, and Blind from people claiming to have been impacted by the latest round of cuts.
This latest round of layoffs follows cuts earlier this year. The company's workforce declined by 21,000, or 13%, in the 2026 fiscal year that ended May 31, according to a recent filing. Oracle had around 141,000 employees before this current round of cuts, according to the company.
Oracle has racked up tens of billions of dollars in debt to build data centers, betting on increasing demand for AI. Oracle reported $28.5 billion in first-quarter capital expenditures, up from $8.5 billion a year earlier, and maintained its fiscal 2027 capital expenditure forecast at $90 billion to $95 billion.
Wall Street isn't convinced the bet will pay off, though the company's latest earnings report had some positive signs, including cloud growth.
An Oracle spokesperson did not immediately respond to requests for comment from Business Insider.
Read the layoff notification email:
We are sharing some difficult news regarding your position.
After careful consideration of Oracle's current business needs, we have made the decision to eliminate your role as part of a broader organizational change. As a result, today is your last working day.
We are grateful for your dedication, hard work, and the impact you have made during your time with us.
After signing your termination paperwork, you will be eligible to receive a severance package subject to the terms and conditions of the severance plan. You will receive an email from DocuSign to your Oracle email address with details on your severance and termination date.
Immediate Action Required
To receive important follow-up information, including FAQs and separation documents to help you through this transition, you must provide a personal email address.
Please click here to submit a personal email address immediately. If you make a submission error, please re-submit a new form. Please Note: The personal email address will only be used for correspondence regarding separation-related information and severance agreements.
Access to your computer, email, voicemail, and files will be deactivated soon, and you will be unable to log into your computer. As a reminder, you are prohibited from downloading, copying or retaining (including emailing yourself any Oracle confidential information.
Thank you for your contributions to our organization. If you have additional questions, please reach out to the HR team via the Ask HR page…
Oracle Leadership.
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Hugh is a senior correspondent at Business Insider where he writes about Google, tech, and wealth. His work has been cited by The New York Times, Bloomberg, Reuters, The Wall Street Journal, and other outlets.Get an alert whenever I publish a story.Got a tip? You can reach him using the secure messaging app Signal (hughlangley.01) or email ([email protected]). We can keep sources anonymous.
