Oracle has started laying off staff globally as part of a strategic move to cut costs, with notifications sent to employees early Tuesday. This decision comes amid a challenging financial landscape, with Oracle’s stock price down 26% this year.
As of May 2025, Oracle employed approximately 162,000 full-time employees. The layoffs are expected to affect thousands across various divisions, including Oracle Health, Sales, Cloud, Customer Success, and NetSuite. Reports suggest that the company could cut between 20,000 to 30,000 jobs.
In a notification email to affected employees, Oracle stated, “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.” This stark message underscores the severity of the situation.
Despite these cuts, Oracle is simultaneously pursuing ambitious projects, including plans to raise $50 billion for AI infrastructure and the development of a massive new health campus in Nashville. The company reported earnings per share of $1.79 and revenue of $17.19 billion in its most recent earnings report.
Oracle executives have emphasized their proficiency in cost-cutting, stating that the company is “very, very good” at this practice. However, the current layoffs indicate a significant shift in operational strategy as the company navigates a competitive market.
Details remain unconfirmed regarding the exact number of employees affected by the layoffs, but the impact appears to be widespread. The cuts are part of a broader trend in the tech industry, where many companies are reassessing their workforce in light of economic pressures.
As Oracle continues to restructure, observers are keenly watching how these layoffs will affect the company’s long-term strategy and employee morale. The tech giant’s ability to balance cost-cutting with growth initiatives will be critical in the coming months.