Oracle believed to have cut 10,000 positions across multiple divisions as mass layoffs begin to fuel AI investments — company is reportedly reducing headcount to fund data centers

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Wednesday, April 01, 2026
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Oracle believed to have cut 10,000 positions across multiple divisions as mass layoffs begin to fuel AI investments — company is reportedly reducing headcount to fund data centers

Oracle has reportedly begun mass layoffs based on reports by various people who worked at the company. According to the BBC, one employee noted that around 10,000 positions have been affected based on the number of active staff accounts in the firm's Slack messaging system so far. Other people from across the company have also made posts about the situation on social media, like LinkedIn.

"Today, Oracle conducted a significant reduction in force that impacted some of the most talented, dedicated, and high-performing people I've had the privilege of working alongside," Michael Shepherd, a Senior Operations Manager at Oracle, said on LinkedIn. "Let me be direct: this was not a performance action. The individuals affected were not let go because of anything they did or didn't do. Many of them are the people you call when something is truly broken, the ones who show up early, stay late, and carry institutional knowledge t hat took years to build."

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This isn't the only problem that Oracle is currently facing. Earlier this year, some of its bondholders sued the company for misleading statements after it borrowed $38 billion two months after releasing $18 billion of notes and bonds in September 2025. There have also been reports of disagreements between OpenAI, Oracle, and SoftBank regarding who should ha ve the ultimate control of the Stargate project, with the planned 600MW expansion at the Abilene, Texas, campus getting scrapped.

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