oracle — GB news

Oracle is cutting thousands of jobs as part of a broader organizational change, a move that comes as the company faces significant pressures in the competitive landscape of artificial intelligence. The layoffs affect employees globally across various departments, including Oracle Health, Sales, Cloud, Customer Success, and NetSuite.

As of May 2025, Oracle employed approximately 162,000 people, but the recent cuts signal a drastic shift in its operational strategy. This decision follows a troubling year for Oracle, with its stock price down 25%, raising alarms among investors about the company’s future.

In a notification email sent to affected employees, Oracle stated, “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.” Another message bluntly informed employees, “Today is your last working day.” Such stark communications underscore the severity of the situation.

Oracle’s core business is currently under scrutiny as market panic grows over competitive risks posed by generative artificial intelligence models. The company is attempting to pivot towards AI, planning to raise $50 billion in debt and equity to fund its investments in AI infrastructure. This strategy has led to increased pressure from investors regarding the sustainability of such debt levels.

Historically, Oracle has been a major player in the tech industry, but recent developments, including Amazon’s announcement in January to cut 16,000 corporate roles, highlight a broader trend of downsizing in the tech sector. This context adds to the urgency of Oracle’s restructuring efforts.

As Oracle navigates these turbulent waters, observers are left to ponder the long-term implications of these layoffs and the company’s ability to adapt to an evolving market landscape. Details remain unconfirmed regarding the total number of jobs affected and the specific departments hit hardest by these cuts.