Oracle Layoffs Reach 8,000 as Company Redirects Resources Toward $95 Billion AI Infrastructure Push
Oracle initiated another round of workforce restructuring on September 14, affecting an estimated 5,000 to 8,000 employees as the company redirects resources toward AI infrastructure. Despite cutting jobs, Oracle continues hiring for data centers and AI roles while maintaining capital expenditures between $90 billion and $95 billion for fiscal 2027.