Fresh waves of job cuts are sweeping through tech giant Oracle Corporation, with thousands of employees reportedly losing their jobs as the company restructures and doubles down on artificial intelligence investments.
According to a report, the layoffs affect workers across several units. In an official filing, Oracle disclosed that 491 employees working remotely in Washington (U.S. state) and at its offices in Seattle will be laid off effective June 1.
The company said the move forms part of a broader workforce reduction and restructuring effort, though it confirmed that its Seattle operations will remain open. Oracle had roughly 162,000 full-time employees worldwide as of May 2025.
Under the Worker Adjustment and Retraining Notification Act, employers are required to give workers at least 60 days’ notice before implementing large-scale layoffs.
While Oracle did not publicly address the report in detail, discussions about the cuts have been spreading online across platforms such as Reddit, X (formerly Twitter), and the anonymous workplace forum Blind (professional community app), leaving many employees uncertain about their future.
The layoffs come as Oracle ramps up massive spending on AI infrastructure in a bid to compete more aggressively with cloud heavyweights like Alphabet Inc. and Amazon.
Earlier in March, the company revealed in a regulatory filing that its fiscal 2026 restructuring plan could cost up to $2.1 billion, with most of the expenses linked to severance packages and related workforce costs.
Despite the shake-up, Oracle’s stock rose more than 5% during afternoon trading, though shares are still down about 29% since the start of the year.
Across the wider tech industry, job cuts continue to mount. Data from Layoffs.fyi shows that more than 70 tech companies have collectively eliminated about 40,480 jobs so far this year as firms shift resources toward AI development.
Meanwhile, layoffs are also hitting other Silicon Valley players. Sources claim that Meta Platforms recently cut a few hundred roles across multiple teams, with reports earlier this month suggesting the company could reduce more than 20% of its workforce in a broader restructuring drive.
