June 30, 2026
Thousands lose their jobs in deep cuts at tech giant Oracle
Tech giant Oracle made "significant" job cuts on Tuesday, according to senior employees posting online.

Michael Shepherd, a senior manager, was not affected by the job cuts but wrote on LinkedIn that "senior engineers, architects, operations leaders, program managers, and technical specialists" had been let go.

Some 10,000 people are believed to have lost their jobs so far, one employee told the BBC on Tuesday, citing a drop in the number of staff active on Oracle's internal messaging system Slack.

The company has been spending heavily on AI but it's not known if these cuts are related to that investment.

Oracle has been using AI tools internally and executives have previously said it enabled fewer employees to do more work.

Shepherd wrote that the "significant reduction in force" was not based on employee performance.

Former Oracle employee Kendall Levin said on LinkedIn her role was "eliminated as part of the company's mass reduction in force".

Several others described receiving early morning emails informing them they were no longer employed and would receive one month of severance pay.

Oracle is one of the largest tech companies in the world and it offers software and cloud computing infrastructure to other companies.
Larry Ellison, one of the richest people in the world, is Oracle's co-founder, chairman, and chief technology officer.

Talk inside Oracle of a significant layoff began earlier this year.

Claims similar to those of Oracle's executives about companies being able to use AI tools to do more work with fewer employees have come from tech leaders like Mark Zuckerberg of Meta and Jack Dorsey of Block.

Both executives have also overseen layoffs at their companies already this year.

However, such leaders in the tech industry have been conducting mass layoffs every year for the last several years. Previous rounds of cuts have not been blamed on AI.

Other tech companies that have cut jobs this year include Amazon, Pinterest and Epic Games. (Source: BBC News)
Story Date: April 2, 2026
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