Stories

Tue, 31 Mar 2026

Tue, 31 Mar 2026 Tech giant Oracle makes 'significant' job cuts

It is thought that thousands of people may have lost their jobs at Oracle, one of the world's largest tech companies.

* Oracle has made significant job cuts, affecting senior engineers, architects, operations leaders, program managers, and technical specialists.
* According to a senior manager, the cuts were not performance-based and affected around 10,000 people.
* The company is investing heavily in AI infrastructure, with plans to spend at least $50bn on it this year.
* Oracle's executives have said that using AI tools enables smaller teams to do more work, but some employees have expressed skepticism about the reasons for the layoffs.
* Similar claims about using AI to reduce staff have been made by other tech leaders, including Mark Zuckerberg and Jack Dorsey, who have also overseen mass layoffs at their companies this year.
* Other tech companies that have cut jobs recently include Amazon, Pinterest, and Epic Games.