Tech giant Oracle rocked by another wave of layoffs

Oracle workers began Monday with devastating news: for some employees, an early-morning message from the technology company confirmed that their jobs would end that same day.

The termination notices were reportedly sent at around 6 a.m., with Oracle attributing the latest layoffs to a “broader organizational change.”

The email told affected employees that Oracle had reviewed its current business requirements and decided to eliminate their positions. “As a result, today is your last working day,” the message stated, according to Business Insider.

According to the report, workers were urged to complete and sign their termination documents immediately in order to receive severance benefits.

Oracle said severance eligibility would depend on the conditions of its severance plan. Employees were told that information about their official termination dates and compensation packages would be delivered through DocuSign to their company email accounts.

The reported notice also warned that access to computers, email, voicemail and company files would soon be shut off. Former employees were reminded not to download, copy, keep or forward Oracle’s confidential information to personal accounts.

The latest cuts mark Oracle’s third workforce-reduction round of the year. In August, Business Insider reported that several teams were preparing for headcount declines in the double digits.

A source familiar with the situation told the outlet that managers had been asked to identify employees whose positions could be cut as Oracle sought to reduce payroll before the company’s second quarter began on September 1.

Oracle had already cut 21,000 full-time positions—about 13% of its worldwide workforce—during fiscal 2026, which ended May 31. The company cited restructuring, performance concerns, strategic changes and acquisitions as factors behind those reductions, while reporting $1.84 billion in severance and restructuring expenses.

The layoffs come as Oracle carries significant debt but continues to generate substantial revenue. The company recorded US$57 billion in fiscal 2025 revenue, supported by a global workforce of 141,000 people, including 29,000 consulting professionals and more than 18,000 customer-service specialists who speak over 20 languages, according to Oracle’s website.


Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Missing hiker, 70, hoisted to safety after vanishing for week on remote Michigan island

70-Year-Old Hiker Rescued After Week on Remote Michigan Island

A 70-year-old hiker who had been missing for a week on a…
California woman discovers surrogate baby's dad is Chinese billionaire

California Woman Finds Surrogate Baby’s Dad Is Chinese Billionaire

A woman says she recently learned she is carrying a baby for…
Creepy 'Cat in the Hat' trend targets schools as costumed figure allegedly chases teen girl

Creepy Cat in the Hat Trend Alarms Schools After Costumed Figure Allegedly Chases Teen Girl

A person dressed like the Cat in the Hat allegedly chased a…
California football coach arrested after students make disturbing discovery at school

California Football Coach Arrested After Students’ Shocking Find

A California high school football coach was arrested Friday after students found…
U.S. Rep. Tom Tiffany of Wisconsin swims to safety after plane makes emergency landing in Lake Wausau

Rep. Tom Tiffany Swims to Safety After Plane Makes Emergency Landing in Wisconsin’s Lake Wausau

WAUSAU, Wis. — Republican U.S. Rep. Tom Tiffany said he and a…
Alaska moose hunter remarkably survives bear attack: 'Glad I blacked out'

Alaska Moose Hunter Survives Brutal Bear Attack, Says He’s Glad He Blacked Out

An Alaska moose hunter survived a sudden brown bear attack, saying he…
Houthis enter US 'kill box' after seizing Red Sea 'cork,' former Pentagon official warns

Former Pentagon Official Warns Houthis Are in US Military “Kill Box” After Red Sea Seizure

Iran-backed Houthi rebels seized Perim Island in the Bab el-Mandeb Strait on…
'Infatuated' weirdo seen 'intensely interacting' with a rubber duck in stranger's hot tub

Stranger Seen Intensely Interacting With Rubber Duck in Hot Tub

Rubber duckie, you’re the one — apparently, at least for one late-night…
Del Mar Dog Beach surfing festival ends in chaos as judges forced to cancel the final

Del Mar Dog Beach Surfing Festival Ends in Chaos After Judges Cancel Final Round

A popular California dog-surfing competition was cut short Sunday after worsening ocean…
New York announces date for up to $200 electricity bill rebate checks 

New York Sets Date for Up to $200 Electricity Bill Rebate Checks

New Yorkers are about to get some relief on their electricity bills.…
Chicago-native Pope Leo XIV celebrates 71st birthday at Vatican Apostolic Library

Chicago-Native Pope Leo XIV Celebrates 71st Birthday at Vatican Apostolic Library

CHICAGO () — Pope Leo XIV marked his 71st birthday on Monday.…
Trump USPS mail ballot order blocked by second judge with US Supreme Court poised to weigh in

Second Judge Blocks Trump’s USPS Mail-Ballot Order as Supreme Court Weigh-In Looms

A federal judge late Sunday blocked the US Postal Service from enforcing…