Why Oracle is Cutting 30,000 Jobs Despite a Massive $6 Billion Quarterly Income
By Leila Sheridan
Published on March 31, 2026.
The company has begun implementing sweeping layoffs across multiple regions and divisions, potentially resulting in between 20,000 and 30,000 job cuts. This move follows a trend of tech companies investing heavily in artificial intelligence. The company has not specified how many employees are affected.
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