"Affected employees were informed via email that their roles had been eliminated, and the day of the email would be their final working day. The layoffs appear to span multiple countries."
"Analysts at TD Cowen estimate that the layoffs could total between 20,000 and 30,000 workers, which represents roughly 18% of Oracle's global workforce of about 162,000 employees."
"The layoffs come during a period of restructuring for Oracle, which disclosed a $2.1 billion plan in a September 2025 SEC filing, although no public link has been made to the job cuts."
Oracle has initiated layoffs worldwide, with employees receiving termination notices as part of an organizational change. Reports indicate that the layoffs could affect between 20,000 and 30,000 workers, approximately 18% of its global workforce. The company has not confirmed these figures or publicly explained the reasons for the cuts. The layoffs coincide with a restructuring plan disclosed in a September 2025 SEC filing and follow a trend of job reductions in the tech industry, including significant cuts by Amazon and Meta.
Read at Boston.com
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