Oracle has started cutting thousands of jobs across its global operations, according to a CNBC report cited by CNA. The move aligns with a wave of workforce reductions in the tech sector as companies adjust to slowing growth and economic uncertainty.
Sources familiar with the matter indicate the layoffs span multiple divisions, including cloud services and legacy software teams. Analysts suggest the restructuring reflects Oracle’s push to streamline costs while investing in competitive AI and cloud infrastructure.
‘This follows the pattern we’ve seen across Big Tech this year,’ said a financial analyst at Wedbush Securities who requested anonymity. ‘Enterprise software firms face pressure to show margin discipline as clients tighten budgets.’
Oracle reported flat revenue growth last quarter (Q4 2025) at $12.4 billion, with cloud revenue up 23% offset by declines in license support. The company had approximately 164,000 employees as of May 2025.
Industry observers warn the cuts could signal tougher conditions for tech workers after pandemic-era hiring surges. However, some note that affected Oracle employees may find opportunities in still-growing cloud and AI segments.