Oracle cutting thousands in latest layoff round as company continues to ramp AI spending
- Oracle is conducting a round of layoffs, two people familiar with the move told CNBC.
- The layoffs were in the thousands, the people said.
- The software maker has continued to increase spending on data center infrastructure that can handle AI workloads.
https://www.cnbc.com/2026/03/31/oracle-layoffs-ai-spending.html
Only number mentioned was 20 to 30 thousand employees – however – that was a speculative guess — could be more or less.