Oracle Plans New Layoffs to Fund AI Infrastructure Expansion

Oracle is preparing a new round of workforce reductions this month, with some teams facing cuts in the double-digit percentage range, as the technology giant seeks to lower payroll costs ahead of its new fiscal quarter. The reductions are scheduled for completion before September 1, the start of Oracle's fiscal second quarter, according to a report from Business Insider, which cited people familiar with the plans and internal company documentation. Oracle representatives declined to comment on the report.

The planned layoffs follow a year of significant restructuring. Oracle's employee count fell to approximately 141,000 full-time workers as of May 31, 2026, down from 162,000 a year earlier, a reduction of 21,000 employees, or 13% of its workforce. The company recorded $1.8 billion in restructuring charges for the fiscal year under its 2026 Restructuring Plan, with total anticipated charges projected to reach as high as $2.1 billion. Oracle has attributed part of the workforce reduction to its internal adoption of artificial intelligence technologies that automate previously manual tasks.

The latest cost-cutting measures come as Oracle continues a massive investment in AI...