Oracle: 25,000 jobs cut
Oracle is reportedly planning massive layoffs of 20,000-30,000 employees (12-18% of its workforce) to fund AI infrastructure investments, according to TD Cowen analysts. The job cuts are being driven by the need to raise $156 billion for GPU-rich data centers supporting AI contracts, with layoffs expected to unlock $8-10 billion in operating cash. Oracle has frozen hiring in its cloud division and identified thousands of employees as 'at risk,' with legacy on-premise support and back-office functions facing the highest risk. The company is implementing AI automation pilots targeting repetitive processes, representing a clear case of AI-driven workforce displacement.
Conservative
0
Core Estimate
18,750
Upper Bound
25,000
Sources
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