Oracle layoffs 2026: Company cuts 546 cloud workers jobs in US as AI spending rises
The Indian Express
Oracle laid off 546 employees in its America Cloud Infrastructure division despite a 121% increase in Cloud Infrastructure revenue, as the company shifts significant resources toward AI and cloud infrastructure. The layoffs, which affected roles including software developers and managers, occurred amid substantial capital spending and rapid growth in Oracle's cloud business. The majority of those laid off were over 40, though Oracle stated the age distribution does not imply age was a factor in the decision.
All articles from 28 September 2026. Summaries are AI-generated and may contain errors; the linked article is the authority.