Oracle has reportedly started a massive round of job cuts.
Beginning on Tuesday, March 31, the company is set to lay off thousands of workers - though the exact extent is unclear - according to a report from Business Insider.
BI cited an internal email viewed by the publication, which told employees: "After careful consideration of Oracle's current business needs, we have made the decision to eliminate your role as part of a broader organizational change. As a result, today is your last working day."
According to the company's most recent 10-K filing on the SEC, it had around 162,000 employees as of May 2025.
This is not the first time a fresh round of layoffs at Oracle has been suspected. Reports emerged earlier in March that the company was looking to lay off large numbers of employees to help it continue its massive, and expensive, AI data center buildout. A TD Cowen report in February that Oracle was evaluating a possible "reduction in force" of between 20,000 and 30,000 employees, hoping to generate some $8-10bn in free cash flow.
DCD has contacted Oracle for comment.
Last August, DCD was the first to report on mass layoffs at Oracle, similarly focused on increasing cash flow. The next month, Big Red disclosed plans for its largest-ever restructuring, spending as much as $1.6 billion in the current fiscal year ending in May on the plan, which includes severance checks to exiting employees.
This year already, Oracle has raised around $45 billion in debt and equity to build data centers for cloud customers, including "AMD, Meta, Nvidia, OpenAI, TikTok, xAI, and others." This followed other significant fund raises last year. The company is facing a lawsuit from bondholders who have claimed that the company concealed how much debt it would need to sell to support the AI buildout for Oracle's $300 billion OpenAI deal.
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