Oracle (甲骨文) lays off 546 employees in US cloud infrastructure division
Oracle (甲骨文) initiated its second round of layoffs this year last week, affecting 546 employees in its US cloud infrastructure organization, which accounts for approximately 7.6% of the 7,185 staff listed in a leaked document. Affected roles include managers, engineers, software developers, and data center support staff. While Oracle did not confirm the total number of layoffs, the company previously reported a 13% reduction in its workforce for the 2026 fiscal year. The company is currently increasing investments in AI data centers, with projected spending of $90 billion to $95 billion this year.
Summaries are written by AI from the original article. Not investment advice.